Minerva-funded researcher, Gregory Mitrovich' s new Owl in the Olive Tree post "Misreading Britain’s Decline—Identifying the Real Hegemonic Contest Between China and America". How do we determine when a great power is in decline? When does this “decline” matter to the global balance of power? Since the end of World War II, perceptions of U.S. power have varied wildly, from moments of unparalleled hegemony to fears of rapid decay and a transition to a new dominant power.
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