With recent developments in Iraq and elsewhere, an argument is beginning to appear—or re-appear– that much of twentieth century imperialism might better be thought of as a kind of federalism. Thus, Anthony Pagden, who provides the most cogent version of this argument, believes that “it would be far wiser to look upon both the United States and the European Union as, in their very different ways, attempts to revive a federalist rather than an imperial object.” Pagden traces his ideas to thinkers like Joseph Schumpeter and Jean Monnet (credited with the idea of a “United States of Europe”). According to Pagden, the ages of conquest and commerce were, by the twentieth century, being replaced by a global order in which the 18th century European idea of sovereignty was transferred from the nation-state to “something more amorphous: a modern, or postmodern, global society.” At the base of this development was the idea of empire, which survived the competitive nationalisms of the 19th century, as an “extended protectorate” and in the words of Edmund Burke, a “sacred trust”.