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The Myth of the Crisis of Hegemony and the Rise of US Global Power

2026-07-04 · Review of Radical Political Economics

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One-line summary

This article assesses the debate surrounding the purported crisis of US hegemony in the 1970s.

Engineering notes

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Chinese explanation / 中文解读

中文解读待补充:本站会优先为端到端自动驾驶、BEV感知、3D目标检测、轨迹预测、路径规划、LiDAR感知等高价值论文补充中文说明。

Original abstract

This article assesses the debate surrounding the purported crisis of US hegemony in the 1970s. Contrary to arguments of American decline, we contend that the challenges of this period did not constitute a true hegemonic crisis. Instead, we argue that the postwar era laid the foundations for a global power structure that was consolidated during and after the decade. This consolidation process rested on three core pillars of the interstate order: (1) defense and security, (2) currency and finance, and (3) production and technology. Thus, the crisis reflected not a weakening of US hegemony but a growing tension between its own national autonomy and an emerging transnational economic order—a process by which the United States solidified its global power. JEL Classification : F40, F62, P16, N12

5.0Engineering value
7.0Research novelty
6.0Business relevance

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