World poverty has been reduced significantly- and whilst everyone seems to think the world is getting more impoverished, this simply is not the case. Scientific cooperation has improved too, and this has allowed significant advances in global health.
In the short-run, my fear would be that we've mismanaged the relationship with China through miscalculation to produce a 1914-like situation. I think it's a low-probability outcome, but it could of course be mismanaged. There's obviously the danger of nuclear weapons and a miscalculation leading to their use, and inevitably therefore, catastrophic outcomes.
What is worrying is not the rise of multinational corporations, but the rise of social media. Facebook has 2.5 billion participants and whilst some may argue they are an instrument of the American state, it's worth noticing that Russia was able to use Facebook as a device to penetrate and disrupt the American electoral process in 2016.
People are now talking of a new 'Cold War' with China. This is a very misleading use of history. If you look at the relationship between China and the US today, there is half a trillion dollars of trade, and some 350,000 Chinese students and 3 million Chinese tourists are in the US. It's more complex than the type of relationship we had during the Cold War.
Power is the ability to affect others and get the outcomes you want – and that's true whether on the individual, national or international level. You can exert power in three ways. You can do it with coercion (sticks), you can do it with payments (carrots) and you can do it with soft power – through attraction.
In the short-run, my fear would be that we've mismanaged the relationship with China through miscalculation to produce a 1914-like situation. There's obviously the danger of nuclear weapons and a miscalculation leading to their use, and inevitably therefore, catastrophic outcomes.
What is worrying is not the rise of multinational corporations, but the rise of social media. Facebook has 2.5 billion participants and Russia was able to use Facebook as a device to penetrate and disrupt the American electoral process in 2016.
China has created a new form of capitalism- state capitalism. Some people call this 'market Leninism' or a communist party without communism. It's a hybrid system which has been very economically successful, and only certain Asian countries have been able to use this remarkable system.
Joseph S. Nye Jr. on Power in the Modern World
Professor Joseph S. Nye, Jr. is former Dean of Harvard's Kennedy School of Government. He has served as Assistant...
Conflict, Peace & the Global Order
What 160 conversations with the world's leading thinkers reveal about war, peace, and geopolitics