We are all part of a global capitalist system dominated by US hegemony – an imperialist force. This is especially true since the end of the cold war and the fall of the Berlin Wall. It was such a monumental moment that American political scientist Francis Fukuyama wrote a book called The End of History, in 1992. 

Clearly, he was wrong. Fukuyama himself has admitted so.

Today, China’s rise among many other factors has challenged the global dominance of American imperialism and neoliberalism. However, some experts say an empire in decline is at its most dangerous. So, how do we make sense of this changing global political economy?

Our guest in this episode is Vijay Prashad. Vijay is an Indian historian, journalist, commentator, and prominent intellectual. He’s written numerous books, including Red Star Over the Third World, On Cuba and The Withdrawal, the latter two he wrote with Noam Chomsky. And he’s the director of the Tricontinental: Institute for Social Research, which recently published a paper titled Hyper-Imperialism: A Dangerous Decadent New Stage.