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The Current Global Power System

Decent Essays

Mimi Thi Nguyen argues in The Gift of Freedom: War, Debt, and Other Refugee Passages that by bestowing upon others some benefits, countries are actually attempting to maintain their future hegemony through placing the recipients in positions of indefinite indebtedness (2012). This opinion is still applicable to the current global power system. Under this system, the voices of the powerful, mainly the United States, are given enough expressions, while the voices of those powerless or that receive the help of the US are frequently suppressed. For example, the notion of establishing Free Trade Area of Americas (FTAA) was firstly proposed in 1994 by the United States, but it has been meeting pressures from the Latin American nations. The resistance of Latin America to FTAA, or global trade and globalization, is its effort to make its voice heard. Latin America, which has a long history of colonization and in the oppressed status, has been closely involved in the global trade network. In the past several decades, as the pace of globalization quickens and the international ties become more and more intimate, international trade is rising in both importance and popularity. Under the force of globalization, at present, almost all Latin American nations, regions and areas are involved in the international trade system to different degrees. In fact, during the colonial period, Latin America was integrated in global trade system. The current global trade network or globalization system

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