I think the issues with China are going to be much more practical. They remind me a lot of the Soviet Union. A closed society that is very effective at giving the appearance of prosperity, while under the covers things are very different. They'll be able to keep it up for a decade or two, but over time the whole thing crumbles as the base was never truly well built.
Our biggest advantage lies in the risk taking aspects of our culture. We're a people that celebrates the type of risk that leads to true innovation. The cool thing: It's not just the U.S. anymore. Europe has caught on as well.
I do think the United States is going to weaken (relatively) in the coming decade. We'll still be a world power, but I think we'll be sharing that with a re-awakened Europe.
Europe has taken on U.S. style risk taking? I have honestly not heard or read this elsewhere. Can you elaborate?
Empire building was Europe's "sense of mission and purpose in the world" we made the natives "civilised". It was our belief of divine right and our ridiculous optimism in regards to war and "glory" (it will be over by Christmas) that led (in part) to our downfall.
Pardon?
Seriously, do you actually believe that?
Definitely not everyone 'wants to be an American'.
The only people that 'want to be American' in very large numbers are those that currently are below the standard of life that America offers, and plenty of those people would still be quite happy to be European, Japanese or even Australian.
As for your sense of mission and purpose in the world, that might be more of a problem than a part of the solution.
I agree with you otherwise, though I'd remove Japanese from that list. The streets of Tokyo are not exactly paved with gold these days.
No offense meant, I know quite a few people from Australia and without exception they're really nice.
No offence taken, of course!
I should come one day to visit Australia.
Let me know when you do make it down under - beers are on me!
Also plenty of my domain names are still registered to the Toronto office.
So that's really not your fault :)
I live in the South of the Netherlands right now.
EDIT: i do agree with him though that the US should invest in sustainable energy.
In that context, I was able to get past his obeisance to the corporate superpowers of America and his other inaccuracies, and see points that may be valuable. Even though I frequently disagree with their opinions, Friedman and another conservative, George Will, are two of my favorite editorialists. Maybe the fact that I'm neither liberal nor conservative contributes to my enjoyment of their writing.
Really, you believe that stuff? That sounds like some kind of propaganda or something you would tell a child. Do you think the Chinese tell each other "We have no purpose in the world, we are a silly nation, we'll never amount to anything."? On the contrary!
Yes, we are what we are because of culture, but mostly because we won WWII, and happened to have lots of nukes, tanks, ships.
Whether that's true now is debatable in my opinion. I think the American dream has been perverted into a lust for enhanced mediocrity. People where I live seem to want to get a job with good benefits, a decent house, and a nice TV, so they can just get through their lives by watching sports and reality shows. Everyone wants to be the best middle-class, Prozac-popping average Joe they can be.
What seems to be different about America is that we provide the opportunities and to a degree the encouragement for those who do not want to be like that to succeed, or at least make valiant efforts and often make some progress in those efforts.
Most of the American declinism supporters still cite WWII as the only reason for American economic ascendancy. I'm skeptical that markets take 65 years to correct.
Do you have ANY understanding of the state of Europe's economy following WW2? We were heading for WW3 after the US pulled the mat on the debt repayments. Luckily Marshal understood this and hence the Marshal Plan prevented WW3 in Europe.
Chevron had a 10 BILLION dollar profit last year. This was a disaster- it earned 24 billion in 2008.
Except China (also a number of other countries)
I grew up in the US and I live in western Europe now. I don't see myself ever going back long term. I feel like my standard of living here is much better.
America is the current yardstick, not to be confused with adulation.
We don't speak their language (at least I don't), so we cannot watch their version of Hollywood movies or read their version of Hacker News. Therefore I wouldn't be too confident in my beliefs. They might turn out to be cliches.
I think we need to know much more than official grandstanding and parades in order to judge wether enough individuals in a particular country are driven by a will to innovate and succeed and are willing to take some risks as well.
The USA still has the superior military, yes. But even now, it would be a very nasty fight indeed. In ten years' time, when China has handsomely exceeded the ship numbers of the US Navy, it's anyone's guess who would win, and let's hope we never have to find out.
And of course, because of Western countries' tradition of federation and democracy, the US and Canada can slowly merge with the EU, treaty by treaty, just as fast as it needs to to counterbalance China. NATO is just the beginning of this. I'd imagine Russia will eventually, perhaps in 20 or 30 yrs, join the EU, Euro, and even the Schengen zone one day. Such a combined US/Canada & EU/Russia would have well over a billion people, with most people probably speaking English, and be centred around the Arctic Ocean, which by then would be the best land on the planet because of climate change.
But who's China going to federate with? They've had trouble keeping their Western provinces in check, and keeping their own people inside the country. They'll probably get Mongolia, maybe even Burma, within 50 yrs, but none of their other neighbors will trust them enough to let them too close. Russia will look to Europe to help defend its Siberian resources before it lets China in. Perhaps their immigrants to the West will stay loyal as part-time spies, but their children certainly won't.
In 50 yrs, a combined US/EU/Russia will be top dog, with China lagging in 2nd place, and Japan, India, Brazil, in the third tier.