By Jane Kelsey of

Photo: Joe Raedle / Getty Images / AFP

Analysis - The United States has now withdrawn from 66 international organisations, conventions and treaties, illegally invaded Venezuela, and promoted an "America First" agenda in its new National Security Strategy.

This all signals the collapse of a global system that has operated for the past 60 years. The old world order - driven by hyper-globalisation and US hegemonic power - is in its death throes, but a new era is yet to be born.

We now face a deepening ideological, strategic and military conflict over what shape it will take. The global "free trade" regime, overseen by the World Trade Organisation (WTO), is one such battleground.

Largely designed to serve its strategic and corporate interests, the US now sees the WTO as a liability because of the economic ascendancy of China and a domestic popul

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