|WikiProject Numismatics||(Rated B-class, Mid-importance)|
I just read the Henry C.K. Liu article... and I think it is straight-out copied. This article, unfortunately, doesn't appear to be much better.
The first paragraph (save the first sentance) seems to be a direct copy of Liu's article http://www.atimes.com/global-econ/DD11Dj01.html
- The world's current international finance architecture is based on the US dollar as the dominant reserve currency. Ever since 1971, when US president Richard Nixon took the dollar off the gold standard (at $35 per ounce) that had been agreed to at the Bretton Woods Conference at the end of World War II, the dollar has been a global monetary instrument that the United States, and only the United States, can produce by fiat.
with Lui's article:
- Ever since 1971, when US president Richard Nixon took the dollar off the gold standard (at $35 per ounce) that had been agreed to at the Bretton Woods Conference at the end of World War II, the dollar has been a global monetary instrument that the United States, and only the United States, can produce by fiat.
Then compare the paragraph that follows. Looks like a copyright violation to me. Nephron 05:22, 24 August 2005 (UTC)
- I'm convinced this is copyright violation. The second paragraph of the version from 02:32, 29 May 2005 is word-for-word copy of Lui's article, with the exception of the first sentence and deletion of a few sentences in between. Nephron 19:14, 28 August 2005 (UTC)
Article has been reverted to the pre-copyvio version--Duk 19:13, 28 September 2005 (UTC)
Edits about old books and who coined the term
- Liu coined the term, this article should be about how he defines it. So keep out Hudson's ideas, they are already present in the Monetary hegemony article.
- Testiments to who coined which term and when the terms was coined does NOT belong in the article, but here on the talk page. Stop putting such discussion inside the article. A human 01:53, 17 March 2006 (UTC)
Who coined the term?
I removed this from the article, as it belongs here in the talk page: A human 02:03, 17 March 2006 (UTC)
Michael Hudson wrote in a post to The A-List on February 19, 2006: "I want to make clear that the term dollar hegemony is indeed Henry's [Henry C.K. Liu]."
- Sorry, but Michael Hudson's quote notwithstanding, the term "dollar hegemony" clearly predates the 2002 date in the article. Trivially it is the title of Jean Gabriel's book "The Dollar Hegemony: Dollar, Dollarization, and Progress" published in 2000 and I believe it dates scrappedback to around WWII. I'll find further pre-dating references and post them here.
- Given this, I believe this article needs to be completely rewritten. Gwernol 18:23, 17 March 2006 (UTC)
It is not about who coined the term...It is about what the term defines or refers to!! Since, Gwernol, Engwar, and Liu are not heavily versed in international finance, it is futile to argue with any of you for you have no understanding.
You Guys Don't Know
I would just like to spend this section thanking Gwernol, for not only redirecting attention from the point of discussion on which author coined the phenomenon, but how the actual phenomenon operates. Clearly, Henry Liu was attempting to promulgate a new label for a phenomenon (e.g. monetary hegemony, financial hegemony, currency supremacy, or dollar hegemony) that has been identified and analyzed on numerous occasions, which I find to be fraudulent and unscholarly conduct.
And if we are to be truly precise in who discovered this phenomenon first, it was actually Walter Bagehot in his work, Lombard Street: A Description Of The Money Market. Although the work identifies and discusses the phenomenon of British Monetary Hegemony, it does not give a term to it.
Many are attempting to take credit for the discovery of this phenomenon, when in fact it has existed for over 140 years.
You are all missing the point
by arguing about who discovered the phenomenon or how it is labeled you avoid the elephants in every room, and the phenomenon is certainly risen well beyond mid-importance. —Preceding unsigned comment added by 126.96.36.199 (talk) 23:04, 1 August 2008 (UTC)
- Cause it says something bad about Americans. AaThinker (talk) 20:10, 6 February 2009 (UTC)
- Removed NPOV, the only issue appeared to involve how "widely" circulated / quoted it was. I've removed and shortened quote list. - RoyBoy 04:28, 30 November 2011 (UTC)
A Concept Map
user:sparcle_z uploaded this concept map to better understand the concept of dollar hegemony. Considering global crisis like recession taking a monsterous shape all over the world user:sparcle_z is trying to understand with the help of this concept map - How Dollar Hegemony is a contributing factor. Also related topic of terrorism and current conflicts all around the world. A Wicked problem type of phenomenon in which the resolution is really difficult to arrive. The relation between usa and saudi arabia seems to be purely opportunistic, the 2 country's constitution is totally different with different ideology and religion. Dollar Hegemony seems to be contributing factor fueling terrorism. More thoughts on this is welcome. $@M 16:25, 23 June 2009 (UTC)
- Unfotunately, as the description on the image says, it is his own creation and thus fails WP:NOR ("No Original Research"). It seems clear to me that it is own analysis of the situation. [I like mind maps and systems diagrams and find them very useful to explain messy problems - but I can't see how to use it here without falling foul of WP:NOR or WP:SYN or both. These are very important wikipedia principles that preserve the value of the encylopedia - otherwise it descends into the opinionated chaos of blogspace]. Consequently, I have deleted it from that article itself. If anyone disagrees with my intepretation of the guidelines, please refer the question to the Wikipedia:Administrators --John Maynard Friedman (talk) 11:06, 24 June 2009 (UTC)
Super Imperialism The Economic Strategy of American Empire by Michael Hudson
Michael Hudson also has come to the same conclusion as Mr. Liu, in his 1972 book "Super Imperialism The Economic Strategy of American Empire". The biggest buyers of the book were the US State Department who used it as a how-to instruction manual. It was denied in public, but privately acknowledged. WjtWeston (talk) 02:25, 25 October 2010 (UTC)