
"This is not a book about the decline of America, but rather about the rise of everyone else." So begins Fareed Zakaria's important new work on the era we are now entering. Following on the success of his best-selling The Future of Freedom, Zakaria describes with equal prescience a world in which the United States will no longer dominate the global economy, orchestrate geopolitics, or overwhelm cultures. He sees the "rise of the rest"—the growth of countries like China, India, Brazil, Russia, and many others—as the great story of our time, and one that will reshape the world. The tallest buildings, biggest dams, largest-selling movies, and most advanced cell phones are all being built outside the United States. This economic growth is producing political confidence, national pride, and potentially international problems. How should the United States understand and thrive in this rapidly changing international climate? What does it mean to live in a truly global era? Zakaria answers these questions with his customary lucidity, insight, and imagination.
The underlying desire of capitalist institutions making a markup on every possible local market ("rents") in is inflationary to local costs and when the external markets costs go up, that's when total inflation will go 'shazam'.
I agree with his assessment that the landscape is changing rapidly and profoundly, although I don't know if the resultant loss of economic and political weight means that we can't still have our best days ahead of us.
All that's necessary, I think, is the political will to move forward in the right direction. I would argue that large infrastructure projects in telecommunication and energy, and shifting education goals towards an information economy and away from it's Taylorist origins are most important to be able to compete in the future.
Although even with that, we will probably never have the kind of political dominance we've had in the past. I don't think I've ever had a problem with that.
There is an article called The Rise of the Rest: https://fareedzakaria.com/columns/2008/05/12/the-rise-of-the... that talked about Russia getting more aggressive, and everyone else growing their economies and competing with the USA and Europe. It is a global economy and a global war. It is from this book: https://www.amazon.com/Post-American-World-Rise-Rest/dp/0241...
I don't think this is true. A great book that discusses this is Stephen Pinker's "The Better Angels of our Nature," which essentially shows that we're living in the least violent, most peaceful era of human history. Fareed Zakaria's "The Post-American World" also discusses how we're currently in the most peaceful, economically prosperous time in world history. Despite the violence and unrest presented daily in news media, life is far better now than it used to be by almost any metric.
That's why I agree with the people referenced in Sam's second footnote, who believe "the amount of effort spent on the war on terror is disproportionate to the actual risk." As terrible as the September 11 attacks were, ten times as many people die in car accidents every year. David Foster Wallace's brief essay, "Just Asking," really hits this point [1].
[1] http://www.theatlantic.com/magazine/archive/2007/11/just-ask...;
