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Globalism lives: China won’t overtake America any time soon

In Eric X. Lee’s telling, the sovereign nation-state will soon regain its status as the primary unit of global governance. The United States is in decline and globalism, a strange 25-year aberration, is ending. China’s rise could lead to a classic Thucydides Trap, a situation in which a hegemonic power fails to make way for a rising challenger and conflict ensues. The United States should recognize that the age of its empire is over and consolidate its status as one among many major powers in the world.

This analysis of the global order is commonplace in contemporary international relations theory. It is also wrong.

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The full text of this article is available online at:

https://www.foreignaffairs.com/articles/united-states/2017-04-10/globalism-lives

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Sydney-based globalization expert Salvatore Babones is available to speak on the Chinese economy (demographics, growth, technology), the Belt & Road Initiative, global trade networks, and Australia-China relations. Contact: s@salvatorebabones.com