How America Can Survive the Rise of the Rest

Fareed Zakaria's essay in the May/June issue of Foreign Affairs, deserves a wide readership. Here are the summary and the URL:

Despite some eerie parallels between the position of the United States today and that of the British Empire a century ago, there are key differences. Britain's decline was driven by bad economics. The United States, in contrast, has the strength and dynamism to continue shaping the world -- but only if it can overcome its political dysfunction and reorient U.S. policy for a world defined by the rise of other powers.

http://www.foreignaffairs.org/20080501facomment87303/fareed-zakaria/the-future-of-american-power.html