The Spanish Flu Didn’t Wreck the Global Economy
What Is Different About the Coronavirus Pandemic?
In Eric X. Lee's telling (The End of Globalism, December 9), the sovereign nation-state will soon regain its status as the primary unit of global governance. The United States is in decline and globalism, a strange 25-year aberration, is ending. China's rise could lead to a classic Thucydides Trap, a situation in which a hegemonic power fails to make way for a rising challenger and conflict ensues. The United States should recognize that the age of its empire is over and consolidate its status as one among many major powers in the world.
This analysis of the global order is commonplace in contemporary international relations theory. It is also wrong. To see why, just look at the last so-called Thucydides Trap, when the United Kingdom did not make room for a rising Germany. Germany's GDP surpassed Britain's around 1908, making it the heir presumptive to global hegemony and setting the stage for