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Notes -
“Extractive Empire”
Many a MAGA and probably some leftist would argue we are the exact opposite of an extractive empire. Thru things like free trade and open borders we actually weaken our empire and act not in our own best interest. We sacrificed our industrial base to China. I myself will argue we give too good of a deal to otherwise in terms of security guarantees. I agreed with Trump when he says he would kick countries out of NATO who are not contributing to NATO military strength. America does subsidize the national security of a lot of rich nations (I am looking at you Germany).
We offer a very good deal for a country to be a country that uses dollars. We let them not spend on national defense and dump their products on the U.S. market. While America will flex our muscles with our rules at times we also offer them very good terms that are against our interests all the time.
Both can be true. The US becomes a financial empire with the rest of the world buying lots of money from the US. The rest of the world is forced to prop up American real estate markets and financial markets while the expensive dollar makes it cheap for Americans to import. The US empire is great for finance, insurance, real estate and the military industrial complex. It is not good for manufacturing. The world is has to send products to the US in order to get dollars, the US gets products for free but all the money printing makes the US too expensive for a large portion of the population.
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When people refer to US empire they aren't really referring to a traditional empire in which one country benefits off another. It's more the "globalist" empire, or stateless elite empire. American's are just as much colonists having their wealth funneled off as any of the other vassals in Europe.
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