The United States began to dominate the world since the nineteenth century and by the end of the twentieth century this domination seemed complete: economically, militarily, culturally and whatever other dimension you could mention. This domination is fading however, nobody seems to deny that. Fareed Zakaria wrote a book about the Post American World - the world in which America no longer is the only center of power.
The London School of Economics invited Zakaria to lecture about the subject. The lecture was podcast by LSE and my also be so by UChannel Podcast, as happens with several of the LSE podcasts. He is not proposing the US are necessarily losing its power, or being replaced by others, but rather that others, most notably China and India, are rising and settling in besides the US as power centers. The simplest way he finds to justify this rise is by the size of those two countries and the rule of thumb:" Any number multiplied by two and a half billion results in a huge amount."
All of this happened because India and China, and not just them, accepted the US dominance and adapted to globalized capitalism. The paradoxical thing is that the US had always demanded this of the world, but lost its ground when the world applied. As Zakaria puts it: The US forgot to live by the rules it wanted others to obey. It promoted globalization but lost because it didn't globalize itself. In Fareed Zakaria's mind the change is already happening and inevitably going to continue, yet, by no means, the Americans are lost. It has still a great dynamic and has already begun to truly open up.
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