The Rise of the Imperial Class

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The evidence for the rise of this new class – and its exponentially increasing power – is all around us. U.S. arms exports have hit a new high. Since 9/11, the United States has stood astride the global arms market and shows no signs of slacking off. In 2006, Washington wrapped up the biggest number of new arms deals, to the tune of some $16.9 billion, over 40 percent of the worldwide total. Russia came in second, with a mere $8.7 billion. More than half of the global arms deliveries were made by the U.S. More...