In economic matters since 1945, it is not so much that the US either forged or ruptured a rules-based order, but rather that it pivoted from one set of rules to a radically new one. For decades after the second world war, the system allowed other governments considerable room for manoeuvre in their economic policies. But then the US helped to impose a draconian neoliberal order that persists to the present day, including through international financial institutions it dominated.
The Bretton Woods system, where exchange rates were fixed and monitored by the IMF, offered more freedom of economic action to nation states than the floating rate FX system which succeeded it?
Crippled JC on a pogo stick that’s an idiot assertion.
Samuel Moyn is a professor of law and history at Yale and the author of Not Enough: Human Rights in an Unequal World
There’s nothing so stupid American academia won’t believe it.