{"id":2606,"date":"2013-05-28T08:18:50","date_gmt":"2013-05-28T14:18:50","guid":{"rendered":"https:\/\/myfutureamerica.org\/?p=2606"},"modified":"2013-05-28T09:58:47","modified_gmt":"2013-05-28T15:58:47","slug":"america-must-manage-its-relative-decline-a-very-sound-article-by-financial-times","status":"publish","type":"post","link":"https:\/\/myfutureamerica.org\/?p=2606","title":{"rendered":"America must manage its relative decline, a very sound article by Financial Times."},"content":{"rendered":"<div data-zone=\"topSection\" data-timer-key=\"1\">\n<div data-comp-name=\"fullstory\" data-comp-view=\"fullstory_title\" data-comp-index=\"3\" data-timer-key=\"5\">\n<p id=\"publicationDate\">October 17, 2011 8:35 pm<\/p>\n<h1><\/h1>\n<p><img decoding=\"async\" src=\"http:\/\/im.ft-static.com\/content\/images\/62ccf896-0950-11e1-8e86-00144feabdc0.img\" alt=\"Gideon Rachman\" \/> By Gideon Rachman<\/p>\n<\/div>\n<\/div>\n<div>Those who refuse to entertain such talk risk accelerating the process<\/div>\n<p>Recently I met a retired British diplomat who claimed with some pride that he was the man who had invented the phrase, \u201cthe management of decline\u201d, to describe the central task of British foreign policy after 1945. \u201cI got criticized,\u201d he said, \u201cbut I think it was an accurate description of our task and I think we did it pretty well.\u201d<\/p>\n<p>No modern American diplomat \u2013 let alone politician \u2013 could ever risk making a similar statement. That is a shame. If America were able openly to acknowledge that its <a title=\"FT Analysis - The end of US hegemony: Legacy of 9\/11\" href=\"http:\/\/www.ft.com\/cms\/s\/0\/f6acf1a6-d54d-11e0-bd7e-00144feab49a.html\">global power is in decline<\/a>, it would be much easier to have a rational debate about what to do about it. Denial is not a strategy.<\/p>\n<div>High quality global journalism requires investment. Please share this article with others using the link below, do not cut &amp; paste the article. See our <a href=\"http:\/\/www.ft.com\/servicestools\/help\/terms\">Ts&amp;Cs<\/a> and <a href=\"http:\/\/www.ft.com\/servicestools\/help\/copyright\">Copyright Policy<\/a> for more detail. Email <a href=\"mailto:ftsales.support@ft.com\">ftsales.support@ft.com<\/a> to buy additional rights. <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/0c73f10e-f8aa-11e0-ad8f-00144feab49a.html#ixzz2Ub3HybDR\">http:\/\/www.ft.com\/cms\/s\/0\/0c73f10e-f8aa-11e0-ad8f-00144feab49a.html#ixzz2Ub3HybDR<\/a><\/div>\n<p><a title=\"FT - The World Blog - Gideon Rachman: Depressing thoughts on Obama\u2019s foreign policy\" href=\"http:\/\/blogs.ft.com\/the-world\/2010\/09\/depressing-thoughts-on-obamas-foreign-policy\/\">President Barack Obama<\/a> has said that his goal is to ensure that America remains number one. Even so, he has been excoriated by his opponents for \u201cdeclinism\u201d. <a title=\"Charles Krauthammer's column in The Weekly Standard\" href=\"http:\/\/www.weeklystandard.com\/Content\/Public\/Articles\/000\/000\/017\/056lfnpr.asp\" target=\"_blank\">Charles Krauthammer<\/a>, a conservative columnist, has accused the president of embracing American weakness: \u201cDecline is not a condition,\u201d he declared. \u201cDecline is a choice.\u201d The stern rejection of \u201cdeclinism\u201d is not confined to the rabid right. <a title=\"Joseph Nye - The Decline and Fall of America\u2019s Decline and Fall\" href=\"http:\/\/www.project-syndicate.org\/commentary\/nye99\/English\" target=\"_blank\">Joseph Nye<\/a>, a Harvard professor and doyen of US foreign policy analysts, regards talk of American decline as an intellectual fad \u2013 comparable to earlier paranoia about the US being overtaken by Japan. <a title=\"FT Books - Review: \u2018That Used To Be Us\u2019\" href=\"http:\/\/www.ft.com\/cms\/s\/2\/059dda68-d30f-11e0-9aae-00144feab49a.html\">Thomas Friedman<\/a>, a New York Times columnist, has just published a book that is subtitled, \u201cWhat went wrong with America \u2013 and how it can come back\u201d.<\/p>\n<p>What is not permissible, in mainstream debate, is to suggest that there may be no \u201ccoming back\u201d \u2013 and that the decline of American power is neither a fad nor a choice but a fact.<\/p>\n<p>Admittedly, America\u2019s relative decline is likely to be much less abrupt than the falling-off experienced by Britain after 1945. The US is still the world\u2019s largest economy and is easily its pre-eminent military and diplomatic power. However, the moment at which China becomes the world\u2019s largest economy is coming into view \u2013 the end of the decade seems a likely passing point. Of course, it is true that China has its own grave political and economic problems. Yet the fact that there are roughly four times as many Chinese as Americans means that \u2013 even allowing for a sharp slowdown in Chinese growth \u2013 at some point, China will become \u201cnumber one\u201d.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/0c73f10e-f8aa-11e0-ad8f-00144feab49a.html#axzz2U2IO0tXX\" target=\"_blank\">Read more &#8230; FT.COM<\/a><\/p>\n<p>Even after the US has ceded its economic dominance, America\u2019s military, diplomatic, cultural and technological prowess will ensure that the US remains the world\u2019s dominant political power \u2013 for a while. But although economic and political power are not the same thing, they are surely closely related. As China and other powers rise economically, they will inevitably constrain America\u2019s ability to get its way in the world.<\/p>\n<p>That is why America needs to have a rational debate about what \u201crelative decline\u201d means \u2013 and why the British experience, although very different, may still hold some valuable lessons.<\/p>\n<p>What the UK discovered after 1945 is that a decline in national power is perfectly compatible with an improvement in living standards for ordinary people, and with the maintenance of national security. Decline need not mean the end of peace and prosperity. But it does mean making choices and forging alliances. In an era of massive budget deficits, and rising Chinese power, the US will have to think harder about its priorities. Last week, Hillary Clinton insisted that America will remain a <a title=\"FT World - Global Insight: Clinton walks tightrope to forge new US role in Asia-Pacific\" href=\"http:\/\/www.ft.com\/cms\/s\/0\/319dce72-f4eb-11e0-ba2d-00144feab49a.html\">major power in Asia<\/a> \u2013 with all the military expenditure that this implies. Very well. But what does that mean for spending at home? Few politicians are prepared to have that discussion. Instead, particularly among Republicans, they fall back on feel-good slogans about American \u201cgreatness\u201d.<\/p>\n<p>Those who refuse to entertain any discussion of decline actually risk accelerating the process. A realistic acknowledgement that America\u2019s position in the world is under threat should be a spur to determined action on everything from educational reform to the budget deficit. The endless politicking in Washington reflects a certain complacency \u2013 a belief that America\u2019s position as number one is so impregnable that it can afford self-indulgent episodes such as the summer\u2019s near-debt default.<\/p>\n<p>The failure to have a proper discussion of relative decline also risks leaving American public opinion unprepared for a new era. As a result, the public reaction to setbacks at home and abroad is less likely to be calm and determined and more likely to be angry and irrational \u2013 feeding what the historian Richard Hofstadter famously called \u201cthe paranoid style in American politics\u201d.<\/p>\n<p>For the fact is that management of decline is as much to do with psychology, as to do with politics and economics. In 1945, the British task was made much easier by the afterglow of victory in the second world war. Britain\u2019s adjustment was also helped by the fact that the new global hegemon was the US \u2013 a country tied to Britain by language, blood and shared political ideas. It will be tougher for America to cede power to China \u2013 although the transition will also be much less stark than the one faced by Britain.<\/p>\n<p>These days the British have learned almost to revel in failure. They buy volumes with titles like the \u201cBook of Heroic Failures\u201d in large numbers. It is quite common for the supporters of a losing English soccer team to chant, \u201cWe\u2019re shit and we know we are.\u201d This is not a habit I can see catching on in the US. When it comes to managing decline, self-abasement is optional.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/0c73f10e-f8aa-11e0-ad8f-00144feab49a.html#axzz2U2IO0tXX\" target=\"_blank\">FT<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>October 17, 2011 8:35 pm By Gideon Rachman Those who refuse to entertain such talk risk accelerating the process Recently I met a retired British diplomat who claimed with some pride that he was the man who had invented the phrase, \u201cthe management of decline\u201d, to describe the central task of British foreign policy after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2607,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[104],"tags":[],"class_list":["post-2606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/myfutureamerica.org\/wp-content\/uploads\/2013\/05\/file000473268294.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2SfUR-G2","_links":{"self":[{"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=\/wp\/v2\/posts\/2606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2606"}],"version-history":[{"count":5,"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=\/wp\/v2\/posts\/2606\/revisions"}],"predecessor-version":[{"id":2612,"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=\/wp\/v2\/posts\/2606\/revisions\/2612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=\/wp\/v2\/media\/2607"}],"wp:attachment":[{"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myfutureamerica.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}