The eve of the 21st century finds much of the South in a state of economic collapse, with once optimistic visions of the future cruelly dashed by rising mass poverty, inequality, and hunger. At the same time, working people in the North find themselves ground down by high unemployment, greater job insecurity, and declining living standards. Tearing through government obfuscation and academic rationalization, Dark Victory reveals these trends in North and South to be the consequences of the same sweeping strategy of global economic rollback unleashed by the United States to shore up the North's domination of the international economy and to reassert corporate hegemony in the home economy.