Tuesday, Sep 13, 2011 07:01 ET
State of denial
The Pax Americana of the last half-century is collapsing. Here's the debate we need to have as a nation now by Michael Lind
http://www.salon.com/news/foreign_policy/index.html?story=/news/feature/2011/09/13/state_of_denial&source=newsletter&utm_source=contactology&utm_medium=email&utm_campaign=Salon_Daily%20Newsletter%20%28Not%20Premium%29_7_30_110snip:
The America-centered world order of the last half-century is collapsing. No, that does not mean that America is doomed. As long as it holds together and grows moderately, the U.S. will be a major military power and one of the world's leading economies for generations or centuries to come. And even slow growth, if it is equitably distributed, can ensure that future Americans are richer and healthier. But the fact remains that a particular system of world security and trade centered on the United States is crumbling around us.
That system has been called the Pax Americana, after the Pax Romana -- the American Peace. The Pax Americana originated during the Cold War, when the U.S., rather than rehabilitate West Germany and Japan as independent military powers, made them American military protectorates. Under the terms of the bargain, the two former Axis nations would specialize in civilian manufacturing for export, with Germany targeting the markets of its European neighbors and Japan relying on access to American consumers. Make cars, not wars. The U.S. agreed to protect not only the territories but also the vital interests of Japan and Germany, like access to Middle Eastern oil.
snip:
The end of the Cold War should have brought a reconsideration of America's economic weakness and strategic over-extension. But under Bill Clinton, the opportunity was missed. Instead of pursuing strategic retrenchment, Clinton worsened America's strategic over-extension, expanding America's permanent military commitments into the Balkans and into Eastern Europe up to the borders of post-Soviet Russia. In the Middle East, the U.S. presence has constantly expanded -- first with the Gulf War, then with the Iraq war, and now with the Libyan war, along with the endless war in Afghanistan. Like Britain in the 1920s, the U.S. is trying to re-create the Ottoman Empire even as its domestic economic engine is sputtering.
snip:
If the multipolar world is not yet a reality, it is in sight. The national debate should be about American strategy in a world no longer organized as a Pax Americana system under American hegemony. The United States can no longer afford to look the other way while countries like Japan and China practice industrial policies targeting American industries, on the utopian theory that offshoring and American deindustrialization will benefit all sides in a harmonious global market policed by the U.S. military. Nor can America any longer afford to waste lives and money on adventures in peripheral countries that are greater threats to their neighbors than they are to us. The alternative to the Pax Americana is not a combination of protectionism and isolationism. It is a combination of strategic trade and strategic retrenchment.
These are the subjects that we should be debating as a nation. By avoiding them, we are only postponing the day of reckoning, when we will finally be forced to address the real challenge that lies under many of our problems -- the need to downsize and rethink America's role in the world.
Michael Lind is Policy Director of the Economic Growth Program at the New America Foundation and is the author of "The Next American Nation: The New Nationalism and the Fourth American Revolution." to read this great article in full:
http://www.salon.com/news/foreign_policy/index.html?story=/news/feature/2011/09/13/state_of_denial&source=newsletter&utm_source=contactology&utm_medium=email&utm_campaign=Salon_Daily%20Newsletter%20%28Not%20Premium%29_7_30_110