The age of American global dominance is over. This brilliant new book from one of the Financial Times most senior writers shows how it ended and where the US needs to turn to prevent the crisis from deepening further.
On its present course, the US faces a world of rising new countries that will compete with it ever more fiecely as its own power is declining. In order to slow and improve this steady leakage of power, the US must change course internationally, economically and domestically. It must also restructure to remain the world's most competitive economy. And it must address quality of life issues and fairness at home.
But American politics is broken - competing forces and interests have led to stasis. With change so tough, where now for a country where the middle classes are suffering as they have never suffered before, the pensions crisis is growing, the deficit out of sight, and radicalism waiting in the wings?
This is as good a diagnosis of America's failings as you will get - Sunday Times
Edward Luce is a graduate from Oxford University in Politics, Philosophy and Economics. He worked as a speech writer for the treasury secretary in the Clinton administration, worked as the South Asia bureau chief for the Financial Times and is based in Washington DC as the Financial Times Washington columnist and commentator.