
None of these three trends — a reconsideration of the role of the state and a corresponding re-articulation of the image of American Capitalism, a worry about globalisation, and a worry about the basis for American hegemony — has yet acquired overwhelming momentum. But there are unmistakable signs that an ideological storm is gathering on the horizon.
The writer, president of the Centre for Policy Research, Delhi, is a short-term visiting scholar at the University of Pennsylvania
pratapbmehta@gmail.com