sorry I did not keep the link to this article, I think is out of Newsweek, or NY time. note in the middle of how we continue to add allies where China is not , full article deals with the world would rather have the USA then any one else as the rule make/enforcer and have consented that point to the US. ( I do have the full articular, about America being #1` )
And what about China, everybody’s favorite choice for future rival? One recent book, The Beijing Consensus: How China’s Authoritarian Model Will Dominate the 21st Century, argues that Beijing is supplying the successor to the “Washington Consensusâ€â€”the post–Cold War formula for open markets that came to grief in the financial crisis. But the China model of autocratic capitalism, successful as it has been at home, is hardly something most others want to emulate, and it may well be close to peaking. “China is obviously more dynamic and is going to rival the United States in various ways, but it’s not really picking up allies, and it’s generating insecurity in Asia that’s going to bring the U.S. even further into the region,†says Prince-ton scholar John Ikenberry, author of the forthcoming Liberal Leviathan: The Origins, Crisis, and Transformation of the American System. Ikenberry has an unusual metric for global influence: he counts how many allies a country gains over the decades.
Starting in 1946, he says, the United States added allies—nations with which it has some kind of security relationship—every five years or so and now has a total of 62, including many from the former Soviet bloc. (Washington also has a strategic partnership with India, another world power.) During that same period, Ikenberry says, China never managed more than two allies altogether (though it has a lot of “fellow travelers,†nations that have fallen under the sway of Chinese investment capital). “For China to really be a global peer competitor,†says Ikenberry, “you have to think there are going to be states that will peel off [from the U.S.] and start to build a security relationship with China.†Looking again at the NEWSWEEK list, the “best†countries tend to be small, homogenous, and fairly harmless: Finland (No. 1), Switzerland, Sweden. All wonderful places—but they are nations that have almost no geopolitical role to speak of and never will. They’re just too tiny. Yet in the category of “largeâ€â€”read significant—countries, the United States still finishes handily ahead of China in every major index, including economic dynamism, education, health, and “political environment.â€
What the figures don’t show at all is the unspoken tradeoff in the global system, a grand bargain that has persisted for a half century: to wit, Europeans and Asians (except for China) will agree to forgo serious military power and strategic dominance in exchange for acknowledging (again, tacitly) that the United States will play that role. This way they get to maintain their generous welfare states and their high McKinsey living standards. Set aside for the moment the invasion of Iraq. America spends more on defense than the rest of the industrialized world combined, not because it is inherently militaristic, but because the United States is the enforcer of the international system. American military power overlays every region of the planet, restraining belligerents and preventing arms races from East Asia to Latin America. That, in turn, enables globalization to proceed, even in these troubled times for the world economy. With the exception of Iraq, this hidden infrastructure of U.S. power emerges into public view only occasionally, in tsunami relief or in America’s unique ability to supply airlift and logistical support to hotspots like East Timor and Sudan. Since 9/11, U.S. Special Operations Forces have been increasingly operating as global SWAT teams, slipping silently across borders to take out terror cells.
The big new question is whether Washington can sustain this global godfather role with an economy that is no longer dominant. Another key element of U.S. power is the unique role of the dollar. America is the only nation in the world that can fall heavily into debt without fearing default or a currency crash because most other countries keep dollars as their reserve currency. Those countries must, perforce, finance U.S. debt. How long can that last? Oddly enough, despite all the hubris emanating from Beijing, Berlin, and Moscow since the financial crisis, little has changed in the old relationships. China, Japan, and the other wealthy Asian countries continue to buy U.S. Treasury bonds (one reason interest rates remain so low, despite the huge U.S. deficit).
_________________ My best friend was the clock on the wall, and he turned out not to be much of a friend in the end
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