Showing results by author "Stephen G. Brooks" in All Categories

After two and a half decades, is the United States’ run as the world’s sole superpower coming to an end? Many say yes, seeing a rising China ready to catch up to or even surpass the United States in the near future. China’s economy is on track to become the world’s biggest, and even if its growth slows, it will still outpace that of the United States for many years. Beijing has used its new wealth to attract friends, deter enemies, modernize its military, and aggressively assert sovereignty claims.

The conventional wisdom has held that China's economic power is very close to America's and that Washington cannot undertake a broad economic cutoff of China without hurting itself as much, or more. In Command of Commerce, Ben A. Vagle and Stephen G. Brooks show the conventional wisdom is wrong on both fronts. The authors argue that America's economic power has been underestimated because conventional economic measures have ignored America's unprecedented control over the world's largest multinational corporations.