Was US hegemony in the 20th century inevitable? Why? Or Why not
Mearsheimer defined a hegemon as a state that dominates all others, but he stressed the limitations of hegemony (2001, pp40-2.) America experienced an extend of power, financially, economically, military, and internationally that lead the country to hegemony. Some scholars believed that America became a superpower. Others think that its hegemony is precarious. Many internal and structural factors predisposed the United States to drive to its dominance. However, structural factors are more likely preponderant in its rise among the world system as a hegemon. First, the United States has established its assertive power upon its neighbors, thereafter in the rest of the world.
The lead of America as US hegemony was inevitably obvious because America had a military capability beyond challenge, and an economical and financial system that not only grew yearly, but also was capable to maintain inflation; furthermore, America’s economic upward worldwide and America’s ability to adapt its foreign policy to specific circumstances asserted America’s hegemony in the 20th century.
The United States had the requisite resources for economic development. Its economic strategy focused more on the skills and investment required for increasingly complex manufacturing processes rather than on raw materials needed for basic processes. America also had the ability to significantly contain wage inflation and raise productivity as well as to organize labor in the economic and political system. America’s exports increased from 15.7 per cent in 1993 to 17.7 per cent in 1999. The US world trade flourished incommensurably as well as the rise of the American percentage of the world’s GDP. The trade had become the dominant trend in Europe and Asia , it reached its apex in the USA. Despite America’s internalization of its economy, it still does most business on the domestic market. Americans produced by itself 88 per cent of the goods bought by the countries operating in the global market. Only 12 per cent or less were exported. Furthermore, USA was the only country that shown its capacity to structure developing globalization in its advantage. It acted this way because of the internationalization of production occurred through the activity of the (TNC), the largest of transnational corporation, which was located within its border. The offshore production by TNC was greater than the global volume of inter state exports. By 1992 TNC, sales were 37.5 per cent larger than the global volume of world trade. America was a great world market of importance for other states whether or not they sold directly or indirectly to America. The US economy benefited from significant reform structural from 1970 to 1980; consequently, it evidenced a positive move. Capital investment per worker remained high. Its market rose because of its labor productivity, as well as the strength of America to efficiently organize...