The Post-American World

Thanks for joining us this morning, I enjoyed the class a great deal. We started with Royce Ann presenting information from a children's book...If the World Were a Village: A Book about the World's People (by David J. Smith, 2008 updated version)...and I think a few of you wondered what it had to do with Zakaria's book. Hopefully, after we finished you saw the connection. We in the U.S. have seen ourselves as the center of the world for many decades, but we are a fairly small percentage of the world's population. As we have been successful in creating open markets and world trade, the "rise of the rest", as Zakaria puts it, has meant that more political and economic power is being concentrated in countries other than the U.S. We are now living in a world where there are more stock markets than just Wall Street and where banks all over the world can be affected by things that happen in the U.S. The "American World" has been one in which we were the most important relationship for every country...where our writing of history was the only one we really cared much about. A world in which there was one superpower, who felt free to act as it wished, without much of a care as to how the remainder of the world viewed our actions. Zakaria writes that Iraq may have changed that...the fact that we could conduct that war without regard to the desires of most of the world's nations merely served to point out how dangerous a one superpower world was for the average country. Now, with other economies growing at solid rates their views on world questions will have to be taken into account. Though China and India will have lower per capita Gross Domestic Product than the U.S. for many decades, considering there is about 2.5 billion people between them they will wield signicant influence as they continue to modernize and grow. Zakara closes the chapter we looked at today by giving the United States credit for the actions that led to the open markets throughout the world...by removing the competition between economic systems with demise of the Soviet Union...but notes that we are the ones that are struggling the most to globalize.
Let's face it, most of us can't speak any language but English and many don't think there is any reason for us to learn. We expect foreign countries to accept our international companies with open arms, yet chafe at the idea of foreign countries plying their business in the U.S. Think about this example...which I forgot to use in class...certain legislators from Kansas had an absolute fit when a French aviation company, in partnership with a U.S. company, won the bid for a large fleet of Air Force tankers. They raised so many problems that the bid was disqualified and the competition restarted. They complained the U.S. military aircraft should not be built in other countries and that those jobs should remain here. Though the French/American aircraft would have assembled in Georgia they used the patriotism card to kill the legally won contract. I wonder how we would react if Boeing was not allowed to sell to any other countries' military? Would we scream if NATO countries determined that U.S. manufacturers could not compete in their equipment competitions. Zakaria is laying a foundation to show us how we must change to live in this Post-American World...we are very comfortable in our American World...but the world is quickly catching up to us. Come next Sunday and we'll get deeper into these questions and others.