The historical record suggests that the transition to to a new hegemon has always been attended by what I have elsewhere called hegemonic war.
Robert GilpinSpecialization makes the welfare of the society vulnerable to the market and to political forces beyond national control.
Robert GilpinThe opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.
Robert GilpinThe economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the rest of the world.
Robert Gilpin