World News, Economy, Politics, Foreign Affairs
America’s Uneasy Path Abroad in 2015
Despite the economic fluctuations experienced in the past years, there are a number of facts that haven’t changed for US. It remains the world’s leading economy; no country can be compared in terms of military strength and it is probably the most advanced and innovative nation when it comes to technology. However US global supremacy has lost terrain in the international field to other emerging countries such as the BRICS, that have enough power and capital to depend less on western institutions and rely more on themselves, creating a new economic order that challenges the present western dominated version we have of the world.
America is not in decline. The U.S. will have the world’s most formidable military for the foreseeable future. Its economy remains the world’s largest, and its recovery will probably gather more steam in 2015. Its workforce is not aging nearly as quickly as that of Europe, Japan or China. No country has a greater capacity for technological innovation. Almost all the world’s biggest tech companies are based in the U.S. For next-generation cloud computing, artificial intelligence, advanced manufacturing and nanotechnology, bet on the U.S. America has an entrepreneurial culture that celebrates not simply what has been accomplished but also what’s next. There is every reason to be confident that America has a bright 21st century future.
But its foreign policy is a different story. American power is on the wane, a process that will accelerate in 2015. Power is a measure of one’s ability to force others to do things they wouldn’t otherwise do, and there are now more governments with enough resources and self-confidence to shrug off requests and demands from Washington. There was never a golden age of U.S. power when an American President could count on other governments to do as he asked. But there are several reasons the U.S. is now less able to build coalitions, forge trade agreements, win support for sanctions, broker international compromise or persuade others to follow its lead into conflict than at any other time since the end of World War II […]