Description:
In this episode, Nick explores a question currently weighing on the minds of historians and observers alike: are we witnessing the opening stages of a third global conflict? Drawing on the work of Richard Overy and examining the \"quasi-peace\" of the 20th century, Nick argues that our definitions of \"World War\" may be too narrow, often ignoring the unrelenting conflict experienced by the Global South since 1945.
We delve into the \"hollowing out\" of the American economic imperium—a transition from the industrial powerhouse of the Eisenhower era to a financialized economy struggling with internal stagnation. Nick compares the relative decline of the United States to Britain’s post-war trajectory, examining how the rise of China as a strategic, state-planned power has fundamentally broken the neoliberal order of the 1990s. From the resource-driven proxy wars in Venezuela and Iran to the looming shadow of the Taiwan Strait, we ask: can a \"Great Power settlement\" be reached, or are we destined for a generational period of violent transition?