The three major wars or conflicts that are ongoing today demonstrate the volatility of the intersection between the local and the global.

In the Hamas-Israeli conflict, we see how the maintenance of the Israeli settler-colonial state is intertwined with the preservation of the global hegemony of the United States.

In the war in Ukraine, a bloody war of attrition between two countries was provoked by Washington’s push to expand NATO to a country of the former Soviet Union.

In the South China Sea, we are witnessing how disputes over territory and natural resources have been elevated to a global conflict by the U.S. effort to maintain its global hegemony against China, to which it is losing the geoeconomic competition but over which it continues to enjoy absolute military superiority.

In short, the main cause of global instability today lies in the fusion of the local and the global, geopolitics and geoeconomics, empire and capitalism.

What makes current conflicts especially volatile is that they are occurring amidst the absence of any effective multilateral coercive authority to impose a peaceful settlement. In Ukraine, it is the balance of military might that will determine the outcome of the war, and here Russia seems to be........

© Eurasia Review