The American empire will continue on its way, under bipartisan direction and mega-corporate pressure.
The US has the strongest army the world has ever known, and spends more than 20% of its annual budget on defense, nearly half of the spending of the rest of the world put together. It's good for the big US corporate arms manufacturers and their export sales. The Gulf states, led by Saudi Arabia, purchase billions of dollars of state-of-the-art ordnance.
Instead of establishing classic territorial colonies, the US secures its hegemony through some 700 military, naval and air bases in over 100 countries, the latest being in Bulgaria, the Czech Republic, Poland, Rumania, Turkmenistan, Kyrgyzstan, Tajikistan, Ethiopia and Kenya. At least 16 intelligence agencies with stations the world over provide the ears and eyes of this borderless empire.
For US power elites, regardless of party, there is an absolute need and priority: until the implosion of the Soviet Union it was to lay the specter of communism; since 9/11 it is to slay the serpent of radical Islamism.
Neither presidential candidate proposed an alternative to the imperial charge except perhaps to muffle the moralising and messianic rhetoric in contentious relations with Iran, China and India, and a resurgent Russia - all four driven by untried, nationally conditioned forms of capitalism.
[Excerpt of a Counterpunch article by Arno J Mayer, emeritus professor of history Princeton University].