For over a century, people around the world have lived through an American era: a period dominated by U.S. power, wealth, institutions, ideas, alliances, and partnerships. But many now believe this long epoch is drawing to a close. The U.S.-led world, they insist, is giving way to something new—a post-American, post-Western, postliberal order marked by great-power competition and the economic and geopolitical ascendance of China.
Some greet this prospect with joy, others with sorrow. But the storyline is the same. The United States is slowly losing its commanding position in the global distribution of power.
Source URL: https://www.foreignaffairs.com/united-states/why-american-power-endures-us-led-order-isnt-in-decline-g-john-ikenberry