It seems that all we hear about is the continuing demise of American influence in the world. It is true that we have lost some respect, we are not as feared as we once were – Russia and Iran have no problem defying us. Our actions in Iraq have had a negative effect on our influence abroad. But all is not lost with America’s place as the world’s superpower of influence. The Economist of all publications has written a very interesting and thought provoking piece on the future of America in the international arena. It is refreshing to hear some optimism on this issue.
American Power: Still #1 – The Economist
Here is a segment of the article:
If America were a stock, it would be a “buy”: an undervalued market leader, in need of new management. But that points to its last great strength. More than any rival, America corrects itself. Under pressure from voters, Mr Bush has already rediscovered some of the charms of multilateralism; he is talking about climate change; a Middle East peace initiative is possible. Next year’s presidential election offers a chance for renewal. Such corrections are not automatic: something (a misadventure in Iran?) may yet compound the misery of Iraq in the same way Watergate followed Vietnam. But America recovered from the 1970s. It will bounce back stronger again.