http://chomsky.info/articles/20110824.htm
American Decline: Causes and Consequences
Noam Chomsky
In the 2011 summer issue of the journal of the American Academy of Political Science, we read that it is "a common theme" that the United States, which "only a few years ago was hailed to stride the world as a colossus with unparalleled power and unmatched appeal -- is in decline, ominously facing the prospect of its final decay." It is indeed a common theme, widely believed, and with some reason. But an appraisal of US foreign policy and influence abroad and the strength of its domestic economy and political institutions at home suggests that a number of qualifications are in order. To begin with, the decline has in fact been proceeding since the high point of US power shortly after World War II, and the remarkable rhetoric of the several years of triumphalism in the 1990s was mostly self-delusion. Furthermore, the commonly drawn corollary -- that power will shift to China and India -- is highly dubious. They are poor countries with severe internal problems. The world is surely becoming more diverse, but despite America's decline, in the foreseeable future there is no competitor for global hegemonic power.
To review briefly some of the relevant history: During World War II, US planners recognized that the US would emerge from the war in a position of overwhelming power. It is quite clear from the documentary record that "President Roosevelt was aiming at United States hegemony in the postwar world," to quote the assessment of diplomatic historian Geoffrey Warner. Plans were developed to control what was called a Grand Area, a region encompassing the Western Hemisphere, the Far East, the former British empire -- including the crucial Middle East oil reserves -- and as much of Eurasia as possible, or at the very least its core industrial regions in Western Europe and the southern European states. The latter were regarded as essential for ensuring control of Middle East energy resources. Within these expansive domains, the US was to maintain "unquestioned power" with "military and economic supremacy," while ensuring the "limitation of any exercise of sovereignty" by states that might interfere with its global designs. The doctrines still prevail, though their reach has declined.
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