War or Peace: The Struggle for World Power

The Pax Americana – the global order established after the collapse of the Soviet Empire – is increasingly being challenged especially by former imperial behemoths China and Russia. There is a growing chorus questioning the so-called “Washington Consensus” in favor of a “Beijing Consensus” in economic policy. As the United States ceases to be the sole superpower willing and able to maintain a global PAX, today there is an increasing global “disorder.”