Decline Is A Choice – The West Has Nothing To Fear But Fear Itself

The collapse of the Soviet Union in 1991 was supposed to mark both the “end of history” and the birth of an international community founded on the universal acceptance of Western values — a world in which “market democracy” was the norm. Instead, the West has suffered a litany of disappointments — from costly wars to financial crises to the rise of non-Western powers — that has left it deeply disillusioned. Far from a cooperative, rule-based order, the contemporary world is a place of vast, permanent competition — a muddled melee among regional poles, countries, governments, businesses, banks, financial funds, rating agencies, producers, consumers, individuals, international media, and criminal organizations, if not also between “civilizations.” This competition continues even in the forums that are supposed to regulate it: the World Trade Organization, the G-20, and others.

 

Read Here – Foreign Policy

 

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