- By Stephen M. WaltStephen M. Walt is the Robert and Renée Belfer professor of international relations at Harvard University.
A frequent topic here has been America’s position in the world and its future prospects. Today, my colleague Ali Wyne weighs in with his own upbeat take on why Americans should be fairly optimistic heading into 2013:
Ali Wyne writes:
With just over a month to go before New Year’s Day, Americans are divided. Following President Obama’s reelection on November 6th, USA Today that a “changing U.S. electorate split in two Tuesday — not only along lines of political party and ideology but also by race and ethnicity, gender and marital status, region and religion, education and age. The divisions are even sharper than they were four years ago.” A Gallup poll taken shortly after the election found that while 94 percent of Democrats think that the United States will be better off four years from now (vs. just 4 percent who think that it will be worse off), only 11 percent of Republicans think so (86 percent think that it will be worse off). Some who belong to the 86 percent appear to be not just dispirited, but appalled: notable reactions include “America died,” “[w]hat happened on Nov. 6th was suicide by voter,” and “on November 6, 2012, America elected to end modern civilization.”
But leaving aside the partisan divides that are inevitably highlighted in the run-up to and aftermath of an election, Americans on the whole appear to be more pessimistic than usual about their country’s domestic condition and global role. to a mid-2012 poll by the Atlantic and the Aspen Institute, for example, 66 percent think that the U.S. economy is on the wrong track, and 63 percent think that the United States is heading in the wrong direction. Furthermore, several polls indicate that Americans regard the United States as a declining power. I cited some of them in an article for Zócalo Public Square this April, and corroborating ones have been conducted since then. According to a mid-2012 poll by the Chicago Council on Global Affairs, for example, only 24 percent of Americans think that the United States “plays a more important and powerful role” “as a world leader” today than it did ten years ago; 43 percent think that its role is “less important and powerful.” In 2002, those figures were, respectively, 55 percent and 17 percent. Furthermore, whereas Americans judged the United States to be considerably more influential than China a decade earlier (9.1 vs. 6.8 on a ten-point scale), they predict that the two countries’ influence will essentially be equal ten years hence (8.1 vs. 7.8).
Despite feeling the blues, Americans of all stripes can still find reasons to give thanks as they celebrate the holidays and look forward to 2013.
First, the United States has endured far more trying times, dating back to its inception. As historians including David McCullough and John Ferling have documented, America’s victory in its war of independence was far from certain; in fact, in his farewell address to the Continental army in 1783, George Washington himself called it “little short of a standing miracle.” Furthermore, the United States bounced back — indeed, emerged stronger — after many events that may well have been judged fatal to its prospects for global leadership by the standards of some contemporary declinists: the Civil War, World War I, and the Great Depression come to mind readily.
Second, America’s economic picture is not entirely bleak. True, four years after Lehman Brothers’ collapse, unemployment continues to hover around 8 percent, and growth continues to sputter along at less than 1.5 percent per year. More alarming, the debt is over $16 trillion and growing rapidly. On the other side of the ledger, however, U.S. gross domestic product (GDP) — at $14.83 trillion — accounted for a little over one-fifth of gross world product (GWP) last year. As of the second quarter of this year, 62 percent of the world’s allocated foreign-exchange reserves were dollar-denominated. According to QS, 31 of the world’s top 100 universities are in the United States; furthermore, the Institute for International Education found that there were a record 764,495 international students at U.S. colleges and universities in the 2011-12 academic year, marking the sixth consecutive year that that figure has increased.
Looking forward, there are reasons to be upbeat, even bullish, about the U.S. economy. Its demographic outlook, for example, continues to be favorable; thus, it is expected to remain the world’s third most populous country in 2050, after India and China. Furthermore, rapidly growing indigenous supplies of tight oil and shale gas could enable the United States to reduce its dependence on foreign energy and potentially even create new bases of employment in its energy sector; according to the International Energy Agency, it could become “all but [energy] self-sufficient in net terms by 2035” and become “a net oil exporter by around 2030.” Further down the pike, breakthroughs in a host of fields — ranging from digital fabrication to “big data” — could inject new dynamism into the U.S. economy; citing its recent strides in telecommunications and energy, John Gapper observes that despite its “economic problems” and “worries about its comparative decline,” the United States is using its “amazing, enduring capacity to reinvent itself through technology.” The existence of such opportunities — in demographics, energy, and innovation — does not, of course, entail the promise of their realization; it does, however, suggest that the current unemployment-growth-debt triad need not become a “new normal.”
Third, America’s relative decline is not as concerning as it might appear at first glance. It largely stems, after all, from actions that it has taken (many of which it can avoid repeating, such as conducting another large-scale ground war), actions that it has not taken (many of which it can still take, such as reaching a budget deal along the lines of what the Simpson-Bowles commission and numerous other task forces have proposed), and the growth of other countries (a phenomenon that benefits the United States, as Europe and Asia’s postwar recoveries benefited it over a half century earlier). Relative decline, furthermore, does not nullify its mixture of hard and soft assets. The United States remains the only country that can project military power globally. Less discussed, it continues to underpin — albeit under growing duress — a liberal international order. While the rules and arrangements that form that system are evolving, the system itself does not yet face a coherent alternative — in part because many countries that bristle at its reach nonetheless continue to benefit from it. China, America’s putative superpower replacement, is perhaps the most compelling example. It welcomes U.S. decline, but wants that phenomenon to occur gradually, not rapidly. In the interim, in fact, as its dependence on Middle Eastern oil grows, it will likely become more dependent on stable and open global commons, which U.S. military power plays an important role in preserving.
If one believes that the United States was once able to dominate the course of international affairs, and evaluates its role in the world according to its ability to continue doing so, then it has indeed been declining — absolutely and precipitously. In reality, while shocks (such as the global financial crisis) and surprises (such as the “Arab Spring”) may play a growing role in determining U.S. foreign policy, the United States has never been able to exercise hegemony. Even after World War II, despite accounting for over a third of GWP and having “an overwhelming preponderance in nuclear weapons,” Joseph Nye observes that it “was unable to prevent the ‘loss’ of China, ‘roll back’ communism in Eastern Europe, prevent stalemate in the Korean War, defeat Vietnam’s National Liberation Front, or dislodge the Castro regime in Cuba.”
There is no question that the Obama administration will confront a daunting foreign-policy inbox come January 20, 2013, arguably one of unprecedented complexity: a partial inventory of its imperatives would include stabilizing America’s relationship with China, whose GDP is likely to be the world’s largest within the decade, and whose defense spending could conceivably be the world’s largest before the middle of the century; helping the European Union stay afloat; responding to the changing strategic contours of the Middle East and North Africa; and reinforcing the nuclear nonproliferation regime. It would be simplistic, however, to adduce difficulty in dealing with a challenging world as evidence that the United States is a declining, even impotent, actor. As Stephen Walt argues,
[i]f all we were trying to do was defend Americans against major threats and foster continued economic advancement, running U.S. foreign policy would in fact be relatively easy….[Americans should] be grateful for the country’s good fortune….most of our foreign policy problems are voluntary…That’s another sign of U.S. power: we have the luxury of choosing how much or how little to do.
If overestimating one’s influence and minimizing the urgency of one’s challenges can sow hubris, underestimating the former and minimizing one’s ability to respond to the latter can produce distress. Rather than fretting over the prospect of decline, Americans should strategize about how their country can adjust to the power shifts that are afoot — and be thankful that the United States is better equipped than most to do so.