New Issue Announcement - 2007-06-19

June 19, 2007

America's Next Foreign Policy

On newsstands June 26.

In the first in a special series of articles leading up to the 2008 U.S. presidential election, Republican presidential candidate Mitt Romney and Democratic presidential candidate Barak Obama share the foreign policies they would pursue as president. Romney's vision focuses on confronting Islamic extremism globally while radically transforming Washington's foreign policy practices. Obama argues that Iraq has become a deadly distraction from the war on terror and that U.S. involvement there must end so Washington can refocus its efforts on confronting al Qaeda and solving the broader problems of the Middle East and the world.

Globalization and its discontents is one of those global problems, and it is addressed by Yale's Kenneth F. Scheve and Tuck's Matthew J. Slaughter — a former Bush administration economic advisor. They argue that a radical redistribution of income may be the only way to fight off the protectionist backlash in the United States against globalization. Many have enjoyed globalization's golden eggs but the benefits have been heavily skewed in the United States toward workers with advanced degrees — with the majority of workers having experienced actual declines in real income in the past five years. Scheve and Slaughter suggest innovative changes in tax policy to redress this imbalance — and resurrect popular support for globalization.

Also in this issue: Director of National Intelligence Mike McConnell explains how the U.S. intelligence community is being transformed; Daniel Markey outlines what Washington's policy toward Pakistan ought to be; James Surowiecki acknowledges the world is getting better but that free markets should not get all the credit. Azar Gat warns of the return of authoritarian capitalist great powers to the international system after a six-decade absence; and the case is made for a new, more limited U.S. grand strategy.

The complete text of these articles, all book review essays, and more is available on the Foreign Affairs Web site — look for the label FULL TEXT in the listing below. You can still receive this issue by mail if you subscribe to Foreign Affairs by August 8, 2007^*.

* Outside of the United States, you may still receive this issue by mail if you subscribe to Foreign Affairs by July 10, 2007.

SPECIAL FEATURE
	America's Next Foreign Policy Barack Obama and Mitt Romney Foreign Affairs begins a special series of articles leading up to the 2008 election. In the first installment, Democratic candidate Barack Obama and Republican candidate Mitt Romney preview the foreign policies they would pursue as president. FULL TEXT Read Obama's essay » Read Romney's essay »
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ESSAYS
	A New Deal for Globalization Kenneth F. Scheve and Matthew J. Slaughter Redistribute the fruits of free trade to avoid a protectionist backlash. FULL TEXT
	Overhauling Intelligence Mike McConnell How the Director of National Intelligence is making intelligence smarter. 500-WORD PREVIEW
	The Return of Authoritarian Great Powers Azar Gat Russia and China are challenging liberal democracy's dominance. 500-WORD PREVIEW
	Grand Strategy for a Divided America Charles A. Kupchan and Peter L. Trubowitz Because of polarization at home Washington will have to scale back its activities abroad. 500-WORD PREVIEW
	A False Choice in Pakistan Daniel Markey Musharraf is still Washington's best bet — for now. 500-WORD PREVIEW
	Turkey Rediscovers the Middle East F. Stephen Larrabee Ankara's Ostpolitik is not all bad news for the West. 500-WORD PREVIEW
	Nigeria's Rigged Democracy Jean Herskovits Washington wants to keep the oil flowing—but tolerating flawed elections may backfire. 500-WORD PREVIEW
BOOK REVIEWS
	Better and Better James Surowiecki The world may be getting better, but free markets should not get all the credit. FULL TEXT
	The Long Haul Aaron L. Friedberg Can Washington do what is necessary to fight and fund its future wars? FULL TEXT
	Entente Infernale Walter Russell Mead How 300 years of Anglo-French rivalry has shaped today's world. FULL TEXT
	Seeing Red Donald Sassoon Why did Communism last so long and collapse when it did? FULL TEXT
	The Art of Peace Chester A. Crocker Dennis Ross makes the case for putting diplomacy back into U.S. foreign policy. FULL TEXT
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