When great powers fade, as they inevitably must, it’s normally for one of two reasons. Some powers exhaust themselves through overreach abroad, underinvestment at home, or a mixture of the two. This was the case for the Soviet Union. Other powers lose their privileged position with the emergence of new, stronger powers. This describes what happened with France and Great Britain in the case of Germany’s emergence after World War I and, more benignly, with the European powers and the rise of the United States during and after World War II.To some extent America is facing a version of this—amid …read more
Source: The Atlantic
