Thursday, November 4, 2010

US Revolution and Counterrevolution: Turns, Twists and Zigzags

Revolution is not an overnight event. In revolutionary moments, political institutions and the law are all caught in the tumult. This tumult comes from the fact that there are earthquakes and seismic shifts in economic relations, gender relations, military relations and class or power shifts. Institutions such as the legislature or the banking institutions may be thrown into topsy-turvy.

In my book, ‘Barack Obama and 21st Century Politics: A Revolutionary Moment in the USA’, I drew the attention of readers to the revolutionary moment during which Barack Obama emerged as president of the USA. This revolutionary moment came to a head on 15 September 2008, when the big banks of Wall Street collapsed. It is here important to underline some of the elements of the revolutionary ... read more