The New Statesman | UK politics and culture
The end of America's global dominance
Jan 8, 2025
Robert D. Kaplan, an author and geopolitical expert, along with economist George Magnus, discuss the shifting dynamics of global power. They delve into the decline of U.S. presidential leadership and its implications for international relations, contrasting it with China’s economic ascent. The rise of BRICS is highlighted, emphasizing its challenge to U.S. dollar dominance and the quest for a new payment system. Kaplan and Magnus explore how these changes might create opportunities for democratic renewal in America amidst increasing global multipolarity.
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Quick takeaways
- America's global dominance is waning due to weakened military strength, leadership quality, and economic challenges like high national debt.
- China's economic model appears shaky as internal issues threaten its growth potential, impacting its future global political influence.
Deep dives
America's Decline in Global Power
The discussion highlights a significant decline in America's global dominance, illustrating how the country's ability to dictate international events has weakened. With China gaining influence in the Asia-Pacific region and America's economic capabilities diminishing, there is a concern about the stability of international relations. Robert D. Kaplan argues that this decline is characterized not just by military strength but by a deterioration in the quality of U.S. presidential leadership and the bureaucratic machinery that handles foreign policy. Additionally, economic challenges such as high national debt and reduced manufacturing capacity contribute to the perception of America as a nation in decline.
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