Debt and Disorder: International Economic Instability and U. S. Imperial Decline

MacEwan argues in this short book that world debt is associated with U.S. imperialism and the built-in structural features of international capitalism, and examines the case of Latin America as illustrative of his thesis. The author believes the problems associated with debt will not be resolved because policy decisions have not altered the rules of the game, only the strategy for playing. MacEwen offers a clear argument on a complex subject and insights into contradictory Third World policies, but does not convincingly establish the connection between state imperialism and debt, nor offer an alternative, viable economic model. Recommended for academic libraries.