CFR Presentation: The Meaning of Power in the 21st Century
(CFR) Moisés Naím and Fareed Zakaria discuss the transformation of power and what this means for U.S. primacy and how it conducts foreign policy.
Speakers:
Moisés Naím, Senior Associate, International Economics, Carnegie Endowment for International Peace; Author, “The End of Power: From Boardrooms to Battlefields and Churches to States, Why Being In Charge Isn’t What It Used to Be”
Fareed Zakaria, Host, CNN; Editor-at-Large, “TIME”
Presider:
Daniel W. Drezner, Professor of International Politics, Fletcher School of Law and Diplomacy, Tufts University
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The Wigner Effect
Col. L Fletcher Prouty: Secret Team
The accumulated economic power of large corporations, which owe loyalty to no one nation state, has reached its zenith, as the base of that power – industrial capital – slips out from under their control. As old capital is replaced by purely financial power, this centralization will become shaken by monetary crises. But it nevertheless has immense inertia, and its demise will require many years or perhaps decades to be fully realized. In the meantime, regimes that devise more equitable distribution of income will be in the ascendency, as their accumulating power is matched by popular support.