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A Political Theory for Our Time


Edited By Lucio Levi, Giampiero Bordino and Antonio Mosconi

This volume is a collection of essays published between 1999 and 2015 in the review The Federalist Debate. The book highlights the issue of federalism intended as a theoretical paradigm to interpret the major problems of our age, and in particular the issues of peace and war in a world characterized by an uncontrolled globalization.

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The Foundation of a Cooperative Global Financial System



A New Bretton Woods to Confront the Crisis of the International Role of the US Dollar

Alfonso IOZZO and Antonio MOSCONI

The crisis of the international role of the US dollar is progressive and irreversible. In strictly financial terms it manifests itself in the unsustainable level of US foreign debt, heavier year after year because of the current account deficit, in turn growing and almost insensible to the devaluations of the dollar thus far decreed by the financial markets. In political terms, it manifests itself in the incapacity of the United States to supply those global public goods which constitute the counterpart of hegemony.

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