No good choices for Britain

What happens when an owner no longer sees much reason to maintain a special relationship with one of his pets?

Immanuel Wallerstein of the Fernand Braudel Center at Binghamton University, NY, writes in his latest commentary:

“Britain’s Search for a Post-Hegemonic Identity”

Ever since 1945, Great Britain has been trying, with considerable difficulty, to adjust to the role of erstwhile hegemonic power. One has to appreciate how difficult this is, both psychologically and politically. It seems today as if the dilemmas of its political strategy have finally imploded, and it is faced with choices that are all bad.

Do read the whole piece.