Abstract
John Zysman outlines the increasing economic and technological autonomy of Western Europe and Japan and draws out the implications for the balance of power among the Western allies. He argues that the changed global economic structure will result in a changed security structure, and that America's relative loss of position in trade and technology will undermine its ability to influence world politics in the future. He explores the reasons for the American decline, and traces the growing importance of commercial rather than military technological development.
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