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(noun) preponderant influence or authority over others; domination / (noun) the social, cultural, ideological, or economic influence exerted by a dominant group


Thus in 1971 Europe was jettisoned from the dollar zone by a United States intent on preserving its hegemony and unwilling to turn to austerity to save Bretton Woods.

cus of the $35/oz of gold value being heavily tested in the late 60s/early 70s

—p.36 And the Weak Suffer What They Must (13) by Yanis Varoufakis
notable
9 years, 1 month ago