From The American Interest:
The 20th century was famously called “the American century”, yet its being so called occurred in an improbable way. The phrase itself was actually not used until Time publisher Henry Luce coined it in a special issue of Life magazine in 1941—by which time 40 percent of the 20th century had already passed. Moreover, 1941 was a year in which the superiority of America and of the American way of life appeared decidedly problematic. Only the year before had the United States finally exited, statistically speaking, the decade of the Great Depression. Nazi Germany’s armies occupied most of Europe, stretching from the Atlantic coast of France to the heartland of the Soviet Union. At the same time, Imperial Japan’s armies occupied most of East Asia, stretching from Manchuria through much of China to Indochina. No objective observer could have been blamed for entertaining a whiff of pessimism about America’s prospects.
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My Comment: For the past few years I have been very pessimistic of America and the direction that it was going, and (I confess) at times this blog has been very biased with this point of view.
The above commentary provides an alternative .... and probably a more realistic .... point of view. Inshort .... the day of American dominance may end, but among the dominant powers that will be rising in the 21rst century, America will still be dominant among this group .... an optimistic and positive point of view if there ever was one.