Is the United States in decline? If so, what are the causes and dimensions of that decline and is it irreversible? Will American decline be accompanied by the rise of a new hegemon? To what extent are that rise and decline merely concurrent processes, determined by forces internal to each polity, or are American decline and the rise of its competitors both manifestations of a single global dynamic? The essays in this volume address those questions by examining the rise of finance in the U.S. and worldwide, the U.S. government's actual industrial strategy, China's failure so far to challenge...