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The weathervanes of conventional wisdom are registering another round of angst about America in decline. New theories, old slogans: Imperial overstretch. The Asian awakening. The post-American world. Inexorable forces beyond our control bringing the inevitable humbling of the world hegemon.

On the other side of this debate are a few–notably Josef Joffe in a recent essay in Foreign Affairs–who resist the current fashion and insist that America remains the indispensable power. They note that declinist predictions are cyclical, that the rise of China (and perhaps India) are just the current version of the Japan panic of the late 1980s or of the earlier pessimism best captured by Jean-François Revel’s How Democracies Perish.

The anti-declinists point out, for example, that the fear of China is overblown. It’s based on the implausible assumption of indefinite, uninterrupted growth; ignores accumulating externalities like pollution (which can be ignored when growth starts from a very low baseline, but ends up making growth increasingly, chokingly difficult); and overlooks the unavoidable consequences of the one-child policy, which guarantees that China will get old before it gets rich.

And just as the rise of China is a straight-line projection of current economic trends, American decline is a straight-line projection of the fearful, pessimistic mood of a country war-weary and in the grip of a severe recession.

Among these crosscurrents, my thesis is simple: The question of whether America is in decline cannot be answered yes or no. There is no yes or no. Both answers are wrong, because the assumption that somehow there exists some predetermined inevitable trajectory, the result of uncontrollable external forces, is wrong. Nothing is inevitable. Nothing is written. For America today, decline is not a condition. Decline is a choice. Two decades into the unipolar world that came about with the fall of the Soviet Union, America is in the position of deciding whether to abdicate or retain its dominance. Decline–or continued ascendancy–is in our hands.

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Charles Krauthammer
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