The imperial moment: A European view This article is based on developments up through June 9, 2003, the date it was submitted for publication

This article will first review the essential characteristics of the old exceptionalism in US foreign policy, then compare it with the specific features of the new strategy of the Bush administration and finally address the challenges and risks that this enterprise entails. The article provides an analysis of realist and liberal critiques of the Bush administration's foreign policy in terms of both objectives and results. It concludes that the war in Iraq constituted a truly imperial moment in US history. Preventive war is a flawed strategy, which runs against US principles in world affairs and against its security interests in the current international environment. For this reason, Bush's imperial policy will not last. The author writes here in a personal capacity, and not in the name of the European Union Institute for Security Studies.