Eric Margolis: Democrats and Republican leadership buy into “Pax Americana”
From Wikipedia Pax Americana (Latin: “American Peace”) is an appellation applied to the historical concept of relative liberal peace in the Western hemisphere and, later, the Western world, resulting from the preponderance of power enjoyed by the United States of America starting around the turn of the 20th century. Although the term finds its primary utility in the latter half of the 20th Century, it has been used in various places and eras, such as the post United States Civil War Era in North America and globally during the time between the Great World Wars. Pax Americana is primarily used in its modern connotations concerning the peace established after the end of World War II in 1945. In this modern sense, the term has come to indicate the military and economic position of the United States in relation to other nations. The term derives from and is inspired by the Pax Romana of the Roman empire and the Pax Britannica of the British Empire.