Re-thinking America's Global Role
Nader Mousavizadeh, CEO of Oxford Analytica, argues in this month's Reuters column that the decline of the American Empire can lead to America's return to a leading position as a dynamic, innovative economy.
Last week, China quietly launched the aircraft carrier Varyag from the port of Dalian. The ship is expected to be deployed to Hainan province in close proximity to the strategic regions of Taiwan and the South China Sea. Amidst an atmosphere of existential gloom triggered by the debt-ceiling debacle and the deeper economic crisis, the reaction in the United States was dominated by the fear of a rising, militarist China challenging America’s global superiority. What few in the United States bothered to mention, however, is that the new Chinese carrier was built from an unfinished Ukrainian hull purchased in 1998 – and is the first and only aircraft carrier China has ever had. The United States, meanwhile, has eleven.
The real problem with the U.S. response was not, however, that it exaggerated the Chinese threat. It is that it greatly overestimates the benefits, to America, of the country’s continuing quest for global supremacy – politically, economically and militarily. To lament America’s decline from a dominant position of unaffordable and unsustainable strategic burdens is, in fact, to mistake an opportunity for a threat. For all of the past decade’s concerns around the world about the reach and military assertiveness of U.S. unilateralism, it seems increasingly clear that its principal casualty has been the U.S. itself. America is choking on the edifice of empire and the sooner it’s dismantled, the easier will be America’s return to a leading – not the leading – position as a dynamic, innovative economy.
