Steve Fraser is co-founder of the American Empire Project and Editor-at-Large of the journal New Labor Forum. He is the author of Every Man a Speculator, A History of Wall Street in American Life, and most recently co-editor of Ruling America: A History of Wealth and Power in a Democracy.
In 2008, when the US National Intelligence Council issued its latest report meant for the administration of newly elected President Barack Obama, it predicted that the planet's "sole superpower" would suffer a modest decline and a soft landing fifteen years hence. In his new book The United States of Fear, Tom Engelhardt makes clear that Americans should don their crash helmets and buckle their seat belts...
