Pax Americana: Alive and Well at 80

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Pax Americana: Alive and Well at 80
Pax AmericanaAmerican PowerWorld Peace
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The article argues that the Pax Americana, a period of peace and prosperity ushered in by American power following World War II, is far from over. Despite predictions of its demise, the Pax Americana is thriving and poised to continue for a second American century.

In the ancient world, the Pax Romana was a legendary historical period during which the western world, under the influence of the Roman Empire, enjoyed 200 years of relative peace, stability and prosperity. Commencing its founding under Caesar Augustus and ending with the death of Emperor Marcus Aurelius, the Pax Romana was marked by lower levels of violence, increasing trade and territorial expansion that saw peak Rome preside over around one-third of the global population.

Economically, we peaked at more than 50% of global GDP and held 80% of the world’s hard currency reserves. We had developed a radically transformed industrial and scientific base that made the U.S. the world’s innovator and exporter. Our universities emerged as the best in the world. And American culture— as communicated by Hollywood — spread like wildfire through foreign lands.

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