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Essay
Andrew F. Krepinevich Jr.

The military foundations of U.S. dominance are eroding, thanks to the spread of advanced military technologies to rising powers, hostile states, and nonstate actors. In response, Washington should pursue new sources of military advantage and a more modest grand strategy.

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Essay
Roger C. Altman

The popularity of the U.S. economic model is waning. To put globalization back on track, President Barack Obama must articulate the benefits of open markets and free trade.

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Essay
Mohsen M. Milani

Iran’s foreign policy is often portrayed in sensationalistic terms, but in reality it is a rational strategy meant to ensure the survival of the Islamic Republic against what Tehran thinks is an existential threat posed by the United States.

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Reading List
Mark Blyth

An annotated Foreign Affairs syllabus on states and markets.

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Author Interview
Derek Scissors

This week, Derek Scissors answers questions submitted by readers about China's economy.

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Essay
Brian P. Klein and Kenneth Neil Cukier

For decades, Asian economies used exports to the West as a means of growth. Now, if they hope to weather the global recession, they will have to enact deep structural changes such as higher wages and increased domestic consumption.

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Essay
Fotini Christia and Michael Semple

The deployment of more U.S. troops to Afghanistan is necessary to tip the balance of power against the Taliban. But this military "surge" must be accompanied with a political one designed to persuade insurgents to give up their fight.

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Postscript
Akbar Ganji

The clerical regime's tampering with the election was nothing less than an attempt to completely take over all aspects of the Iranian state.

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Snapshot
Suzanne Maloney

No matter who emerges victorious in Iran's current struggle for political power, the future of the Islamic Republic will look nothing like the country the world has known for the last 30 years.

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Discussion

What we are seeing is a rise in statism not state capitalism. As more governments seize the wealth of private corporations, capitalism will get the blame when it is the government controlled entities that are the cause.

Rick comments on "State Capitalism Comes of Age"
Essay
Ian Bremmer

Across the world, the free market is being overtaken by state capitalism, a system in which the state is the leading economic actor. How should the United States respond?

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