Tag Archives: politics
The Decline and Rise of Nations
I was asked recently if I thought that American dominance of the world was over, if America would decline like other great powers before it, and what nation would take its place.
I replied that the old idea of a nation becoming ‘great’ and ‘wealthy’ by hugely increasing its consumption and getting control of other nations to keep its own consumption growing, had always been part of human history, but would be quite inappropriate for the future. … Read more

