John Judis writing at American Prospect:
Bush's foreign policy has been variously described as unilateralist, militarist, and hyper-nationalist. But the term that fits it best is imperialist. That's not because it is the most incendiary term, but because it is the most historically accurate. Bush's foreign policy was framed as an alternative to the liberal internationalist policies that Woodrow Wilson espoused and that presidents from Franklin D. Roosevelt to Bill Clinton tried to put into effect as an alternative to the imperialist strategies that helped cause two world wars and even the Cold War. Bush's foreign policy represents a return not to the simple unilateralism of 19th-century American foreign policy, but to the imperial strategy that the great powers of Europe -- and, for a brief period, America, too -- followed and that resulted in utter disaster.
...In the buildup to the war, and during the invasion and occupation, Bush officials, who were eager to advertise Iraq's nuclear threat, were reluctant to talk about oil, but in off-the-record interviews I conducted in December 2002, neo-conservatives waxed poetic about using Iraq's oil wealth to undermine OPEC. After he left office, former Treasury Secretary Paul O'Neill recounted National Security Council discussions about Iraqi oil. And in his recently published memoir, Alan Greenspan wrote, "I'm saddened that it is politically inconvenient to acknowledge what everyone knows -- the Iraq war is largely about oil."
Bush and other administration officials denied that the United States was trying to create a new empire. But they were less guarded in their private communications. When the White House offered former Sen. Bob Kerrey the job of head of the Provisional Authority in Iraq -- the job that eventually went to Paul Bremer -- officials asked him if he were interested in being "viceroy." Kerrey, taken aback, turned down the job.
The administration's actions also belied its denials. In March 2004, the Chicago Tribune reported that the U.S. Army was constructing what it called 14 "enduring bases" in Iraq. These would provide a continuing American military presence in Iraq. And the administration continues work on these bases, including a new one perched on the Iranian border, even as it professes to be committed to turning Iraq over to its government and army.
...Indeed, this brand of imperialism, as practiced by the Bush administration, is remarkably similar to the older European variety. Its outward veneer is optimistic and even triumphalist, when articulated by a neo-conservative like Max Boot or William Kristol, and is usually accompanied by a vision of global moral-religious-social transformation. The British boasted of bringing Christianity and civilization to the heathens; America's neo-conservatives trumpet the virtues of free-market capitalism and democracy. And like the older imperialism, Bush's policy toward Iraq and the Middle East has been driven by a fear of losing out on scarce natural resources. Ultimately, his policy is as much a product of the relative decline of American power brought about by the increasingly fierce international competition for resources and markets as it is of America's "unipolar moment."