Alexander Solzhenitsyn at Harvard, June 1978

Before I go on to the meat of today’s article, I would like to link to this speech by the late Alexander Solzhenitsyn at Harvard University, which was given back in June 1978 (just after the end of my own freshman year of college). Thanks to WS for pointing his readers to this speech on his WordPress blog.

One can only wonder what AS would think while viewing the conditions described below:

“The dollar is plunging. Detroit’s car dominance is history. London claims to be outfinancing Wall Street. So maybe it’s time to ask whether the era of US dominance is over for good.“

Who would’ve thought to say such things just a few short years ago? (Of course, the modern heirs of the New Testament Church of God have been predicting such things for decades — the surprise twist of London’s ascendency in financial affairs excepted. But we have to wonder how long that will continue…)

“The reality is a bit more complex [than noted just prior in the article], but we do now live in a multipolar world, and we had better get used to it. Forget the superpower rivalry between the U.S. and the former Soviet Union, as well as the brief time in which the U.S. was the only superpower. Forget the time when there was no Airbus, only Boeing and Lockheed and McDonnell Douglas.

“Today the centers of power, finance and trade have realigned into three heavyweight blocks: the U.S., the European Union and Asia, with the last dominated by China and India, boasting massive populations and rapidly developing economies. Each group is looking out for its own interests and using its might to influence economic policy and world affairs.

“So where does that leave the U.S.?”

Stay tuned!

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