The enormous turnout in Washington, DC, for Barack Obama's presidential inauguration and the worldwide rejoicing at this signal of change offered a tangible demonstration of people's desire for a new world order. In the waning months of the Bush administration, crushing global recession dealt a critical blow to the neoliberal project. The hegemony of the United States and of the international institutions it has used to maintain its economic dominance has been in decline for some years now, suggesting the need to explore alternative ways to carry out globalization's imperatives. In...