Saturday, July 12, 2014

History of Today's Superpower

Superpower, term was first used for giant British Empire. But following to WWII in 1939 – 1945 and Suez crisis in 1956, this status was diminished. British Empire was the most extensive empire in world history and considered the foremost great power, holding over 25% of the world's population and controlling about 25% of the Earth's total land area, while the United States and the Soviet Union grew in power in World War II.
1898 had embarked the rise of superpower United States. Since beginning of 19th century when colonial rulers left US, US could grow and prosper in virtual isolation since 1815. In 1998, US’s support to Cuba for independence indulged US in war with Spain. As a result of war, treaty of Paris gave independence to Cuba. Spain also handed over Puerto Rico, the Philippines and the small island of Guam. In this way US suddenly became colonial power with dependencies.
US’s role in WWI:-
World War 1 started at 1914. However US entered the war in 1917 for the purpose of global peace especially European peace and to stop the war for all. On the other hand, treasury secretary William Gibbs McAdoo, a son in law of staunch idealist President Woodrow Wilson was already forging plans to replace the pound sterling with dollars as international reserve currency. Wilson argued that goal of the war had to be the establishment of "community power" and not a "balance of power," and to achieve "organized common peace" instead of "organized rivalries." Germany replied William’s letter after nine days for submarine warfare. William’s face became pale on the name of war because he didn’t want any blood neither his soldiers nor others’. Wilson made New York financier Bernard Baruch one of his top advisers. Baruch and his associates, recruited from the top ranks of industry, completed their tasks with breath-taking speed. The nominal economic output of the United States doubled between 1914 and 1918. German Field Marshall Paul von Hindenburg saw Baruch as the real victor over Germany. In 1921, US signed a separate peace treaty with Germany.
US’s role in WWII:-
US played important role in military operations against Nazi Germany in WWII. Washington was preparing to take on a leadership role in the creation of the new Europe. Owing to military supplies and loans, the U.S. received high profits and made many countries dependent on its economic aid. Two months after the defeat of Nazi Germany, a special event took place in the world that radically changed the entire system of international relations. On August 6 and 9, 1945, U.S. heavy bombers dropped atomic bombs on the Japanese cities of Hiroshima and Nagasaki. The use of nuclear weapons was brutal retaliation for Japan's attack on Pearl Harbour and a stern warning to potential U.S. adversaries. A response from the Soviet Union did not take long to follow. Soviet scientists accelerated the work on the atomic bomb. The world saw the beginning of a massive arms race. In the event of a direct military conflict between the United States and the Soviet Union with the use of atomic weapons, consequences for all forms of life on Earth could be catastrophic. The USA and the USSR were struggling for world domination. United States and Germany both were ruling Germany, providing country with considerable economic support without expecting anything else in return. But both United States and Soviet Union were not trying for complete destruction of each other.


Post World Wars:-
Washington skilfully used economic leverage over Europe with a goal to strengthen its military and political influence in European countries. US suggested that European countries should take money from them to reconstruct Europe economically and politically. France, UK, Italy, Belgium and several other countries agreed to take part in the "Marshall Plan." US invested hooping $17 billions in the plan and provided funds in bulk to Europe. England and France, weakened in War could not challenge US in capitalist world. By 1948, the share of industrial production of the U.S. accounted for 55 percent of the West. Washington was not going to give up its positions on the European continent. This is how US took over Europe leveraging its currency.
Now its unchallenged Superpower:-
Nevertheless 16 day shutdown of US government, weak economic recovery and the vast NSA spy scandal, US remains Unchallenged. Barack Obama comes second to Vladimir Putin, still they are #1.
The United States still receives far more immigrants each year (1 million) than any other country in the world.
The United States leads the world in high technology (Silicon Valley), finance and business (Wall Street), the movies (Hollywood) and higher education.
Furthermore who is going to challenge USA?
Europeans?- The EU today has 12 percent unemployment – reaching 26 percent in Greece and Spain – almost zero economic growth, a declining population in many of its member states.
Japanese?- The Japanese are suffering from a declining and rapidly aging population, lack of immigration, a Nikkei Index that is still more than 20,000 points below the level of 1988 and debt that equals 240 percent of GNP.
Russians?- While Russia may have grabbed the headlines for hosting the forthcoming Olympics and Edward Snowden, it’s no super power.  Russia has a  trade profile of a Third World country, a GNP the size of Canada, which is less than 15 per cent of the United States GDP, no soft power, Silicon Valley, Hollywood, Wall Street or highly rated universities.
China?- China suffers from massive official corruption, one party Communist rule, lack of creativity and social stratification. Its massive air, water and soil pollution problems kill 1.2 million Chinese a year.  It will likely be 2050, as its leaders often admit, before China becomes a thoroughly modern country.
India?- As for India, 830 million people (almost 70 percent of the population) live in the largely poor countryside where over 160 million people have no access to water, electricity or sanitation. India leads the world with the greatest number of illiterate individuals – 35 percent of all women are illiterate. No less than 25 percent of the population has no electricity. India has a weak infrastructure, GDP/capita ($1,500) at 138th place in the world that is barely 3 percent of the American figure and massive corruption. Finally, its rapid population growth (180 million people added in the last decade) bodes poorly for its future.
Barely at least for a decade or a two, no one can take status of superpower from US.