Friday, December 21, 2012

American Decline and the Promise of Pax Scandinaviana


Founders' Porch goes scholarly...

An American "Hyper-power" resists decline at the
 Olympic Qualifier in Antigua, Guatemala in May 2012.
Over a decade ago Kenneth Waltz noted that “American leaders seem to believe that America’s pre-eminent position will last indefinitely.” President Barack Obama has proved no exception: in his 2012 State of the Union address he argued, “Anyone who tells you that America is in decline or that our influence has waned, doesn’t know what they’re talking about.” Robert Kagan concurs, noting that “great powers rarely decline suddenly,” that the recent economic meltdown is but a cyclical bust, that the US military “would defeat any competitor in a head-to-head battle,” and that competitors like China have far to go to match American military, economic, and cultural power. In fact, argues Tufts China expert Michael Beckley, far from decline, American power relative to China is even greater than it was at the beginning of the auspicious post-Cold War era.

Yet despite their rightful aversion to American decline, all three overlook an ominous reality upon which most international relations scholars and economists – from American primacy sympathizer Richard Haas to realist Richard Betts to globalist Joseph Stiglitz– find agreement: an America $16 trillion in debt, staggering back from costly “head-to-head battles” in the Middle East and Afghanistan, and bracing itself for the rise of nonpolar threats of a globalized world and the IMF-predicted 2016 Chinese economic eclipse, is surely in decline.