“In the same way, if a state overextends itself strategically - by, say, the conquest of extensive territories or the waging of costly wars - it runs the risk that the potential benefits from external expansion may be outweighed by the great expense of it all - a dilemma which becomes acute if the nation concerned has entered a period of relative economic decline. The history of the rise and later fall of the leading countries in the great powers system since the advance of western Europe in the sixteenth century - that is, of nations such as Spain, the Netherlands, France, the British Empire, and currently the United States - shows a very significant correlation over the longer term between productive and revenue raising capacities on the one hand and military strength on the other.”
Posted
- 6 months ago on Monday
- March 1st, 2010 at 12:05am
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Posted
- 7 months ago on Monday
- January 25th, 2010 at 1:33am
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Caption
≡David Spriggs - Axis of Power - Installation - United Arab Emirates - 2009 (click to see other views)
Posted
- 11 months ago on Sunday
- October 11th, 2009 at 7:31pm
