How the New American Empire Really Works by Paul Craig Roberts

"The New Empire is different. It happens without achieving conquest. The American military did not conquer Iraq and has been forced out politically by the government that Washington established. There is no victory in Afghanistan, and after a decade the American military does not control the country.

In the New Empire success at war no longer matters. The extraction takes place by being at war. Huge sums of American taxpayers’ money have flowed into the American armaments industries and huge amounts of power into Homeland Security. The American empire works by stripping Americans of wealth and liberty."

http://www.counterpunch.org/2012/03/27/how-the-new-american-...