The historical record suggests that the transition to to a new hegemon has always been attended by what I have elsewhere called hegemonic war.

I was certain that I was not a Marxist, but I did believe firmly that a connection between economics and politics existed.

Trade is the oldest and most important economic nexus among nations. Indeed, trade along with war ha been central to the evolution of international relations.

Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.

The clustering of technological innovation in time and space helps explain both the uneven growth among nations and the rise and decline of hegemonic powers.

The opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.

These two opposed forms of social organization, the modern state and the market, have evolved together through recent centuries, and their mutual interactions have become increasingly crucial to the character and dynamics of international relations in our world.