t when we consider the obscene amounts of money spent by the United States militarily---and policing the world in the name of capitalism---in its insane Cold War struggle with the Soviet Union.
Therefore, the economic gap between the United States and other nations---especially Japan and Germany---was bound to close gradually and steadily, as it has. But Luttwak ignores the fact that Japan, for example, would eventually go through the same economic setbacks and slowdowns which the United States has experienced. His article is somewhat out of date alr
America's Place in the Changing World. (1969, December 31). In LotsofEssays.com. Retrieved 06:19, April 27, 2024, from https://www.lotsofessays.com/viewpaper/1702696.html
Lots of Essays. "America's Place in the Changing World." LotsofEssays.com. LotsofEssays.com, (December 31, 1969). Web. 27 Apr. 2024.
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