The United States of Europe: The New Superpower and the End of American Supremacy
While the United States flexes its economic and military muscles around the world as the dominant global player, it may soon have company. According to theWashington Post's T.R. Reid, the nations of Europe are setting aside differences to form an entity that's gaining strength, all seemingly unbeknownst to the U.S. and its citizens. The new Europe, Reid says, "has more people, more wealth, and more trade than the United States of America," plus more leverage gained through membership in international organizations and generous foreign aid policies that reap political clout. Reid tells how European countries were willing to discontinue their individual centuries-old currencies and adopt the Euro, the monetary unit that is now a dominant force in world markets. This is noteworthy not just for exploring the considerable economic impact of the Euro, but also for what that spirit of cooperation means for every facet of Europe in the 21st century, where governments and citizens alike believe that the rewards of banding together are worth a loss in sovereignty. Reid's most compelling portrait of this trend is in the young Europeans known as "Generation E" who see themselves not as Spaniards or Czechs but simply as Europeans. To illustrate America's obliviousness to this trend, Reid tells of former GE CEO Jack Welch, who never bothered to factor European objections into a proposed multi-billion dollar merger with Honeywell, leading to the deal being torpedoed and Welch disgraced. But what is most striking inThe United States of Europeis the contrast between the new Europe and the United States. The Europeans cannot match the raw military size of the U.S., but by mixing wealth with diplomacy and continental unity (helped along by antipathy toward George W. Bush's brand of Americanism), they are forming an innovative and powerful superpower.--John Moe--This text refers to an out of print or unavailable edition of this title.