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The U.S. - Decline or Renewal?

From Foreign Affairs, Winter 1988/89

Article preview: first 500 of 7,179 words total.

Summary:  Examines areas which have been cited by 'declinist' writers as causes of the US economic, and hence national, decline, in particular (1) deficits (2) declining shares (3) 'systemic' failures. Highly critical of the arguments propounded by Paul Kennedy, counters that the real source of any nation's decline -- 'internal stagnation' -- is something from which America is not suffering. Economic or military power are not the only determinants of national power, and so decline cannot be seen against a purely economic background. Concludes that although US predominance in world affairs is not so secure as it was, "the ultimate test of a great power is in its ability to renew its power". Director, Center for International Affairs, Harvard University.

Samuel P. Huntington is Director of The Center for International Affairs at Harvard University. This article is adapted from a paper prepared for the Annual Conference of the International Institute for Strategic Studies in 1988.

In 1988 the United States reached the zenith of its fifth wave of declinism since the 1950s. The roots of this phenomenon lie in the political economy literature of the early 1980s that analyzed the fading American economic hegemony and attempted to identify the consequences of its disappearance. These themes were picked up in more popular and policy-oriented writings, and the combination of the budget and trade deficits plus the October 1987 stock market crash produced the environment for the spectacular success of Paul Kennedy?s scholarly historical analysis in early 1988. Decline has been on everyone?s mind, and the arguments of the declinists have stimulated lively public debate.

Although predominantly of a liberal-leftist hue, declinist writings reflect varying political philosophies and make many different claims. In general, however, they offer three core propositions.

First, the United States is declining economically compared to other market economy countries, most notably Japan but also Europe and the newly industrializing countries. The declinists focus on economic performance and on scientific, technological and educational factors presumably related to economic performance.

Second, economic power is the central element of a nation?s strength, and hence a decline in economic power eventually affects the other dimensions of national power.

Third, the relative economic decline of the United States is caused primarily by its spending too much for military purposes, which in turn is the result, in Kennedy?s phrase, of "imperial overstretch," of attempting to maintain commitments abroad that the country can no longer afford. In this respect, the problems the United States confronts are similar to those of previous imperial or hegemonic powers such as Britain, France and Spain.

Declinist literature sets forth images of a nation winding down economically, living beyond its means, losing its competitive edge to more dynamic peoples, sagging under the burdens of empire, and suffering from a variety of intensifying social, economic and political ills. It follows that American leadership must recognize and acquiesce in these conditions and accept the "need to ?manage? affairs so that the relative erosion of the United States? position takes place slowly and smoothly, and is not accelerated by policies which bring merely short-term advantage but longer-term disadvantage."

Before one accepts the policy conclusions of the declinists, however, their basic propositions should be critically examined. Does their argument hold water? Is the United States fundamentally a nation in decline? Or is it a nation in the midst of renewal?

The declinists point to many urgent if transitory American problems and other serious if long-standing American weaknesses. Overall, however, their argument fails; it is seriously weak on both the extent and causes of decline. The image of renewal is far closer to the American truth than the image of decadence purveyed by the declinists.

II

With some exceptions, declinist writings do not elaborate testable propositions involving independent and dependent variables. With a rather broad brush, they tend to paint an impressionistic picture of economic decline, mixing references to economic trends and performance (economic growth, productivity), educational data (test ...

End of preview: first 500 of 7,179 words total.

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