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- W634383956 abstract "Once every decade, it is decline time in In recent years, it has been unstoppable rise of China that has spelled finis America. What Chinese juggernaut is today, Soviet Union (We shall bury you) was in 1950s. The Vietnam decade of 1960s was described as America's collective suicide attempt, while in 1970s, United States succumbed to Jimmy Carter's famous malaise, as dollar dangerously plummeted. The 1980s unquestionably belonged to a resurgent Japan, Sun, whereas in 1990s, Europe shone forth as an empire by example. In naughts, it was Asia Rising that became flavor of decade. Despite a litany of prognostications, these contenders have all fallen back, one by one. While it may be catnip for media to play America as a has-been, Josef Joffe, a leading German commentator and Stanford University academic, compellingly shows that Declinism is not a cold-eyed diagnosis but a device in style of ancient prophets: Thou shalt perish, unless... Gloom is a prophecy that must be believed so that it will turn out wrong. Joffe repeatedly demonstrates how miracles that propelled tide of challengers flounder against their own limits. Hardly confined to Europe alone, Declinism has also been an especially nifty career builder for American politicians, among them Kennedy, Nixon, and Reagan, who all rode into White House by hawking the end is near. Buttressing his argument with facts, Joffe demonstrates that America's future is sanguine. In contrast to Carter years, economic woes of Obama era look more like a nasty migraine. By historical standards, U.S. defense burden today is extraordinarily low, hence sustainable over long haul. Immigration (plus a healthy birth rate) will not only keep nation younger than China, Japan, Europe, and Russia but will continue to bring in best and brightest. Indeed, America is world's Ph.D. factory both in science and engineering, while its R&D spending dwarfs rising rest. Its uniquely deep and wide capital market encourages innovations and continues to turn dreams into vibrant companies. Joffe argues that it is only if America freezes up by enshrining privilege, closing its doors, and withdrawing from world that it will succumb to rigor mortis that has overwhelmed previous empires. Effortlessly mixing keen historical insights with brilliant diplomatic and economic analysis, The Myth of America's Decline becomes a remarkable reflection on our nation's standing in world and an eye-opening account that challenges pervasive and now tired notion that America is on decline." @default.
- W634383956 created "2016-06-24" @default.
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- W634383956 date "2013-11-04" @default.
- W634383956 modified "2023-09-27" @default.
- W634383956 title "The Myth of America's Decline: Politics, Economics, and a Half Century of False Prophecies" @default.
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