The United States and the World « Crisis ». The United States has been undergoing a structural decline such as those Great-Britain and other hegemonic powers in the capitalist world-economy underwent before it. The causes of the decline include the aging of production facilities, the emergence of more competitive rivals and the high costs of political and military supremacy. In order to retain its leading position, the United States has carried out several policies, which have been unable to stem the decline. The measures advocated, and now enforced, by Reagan will not be more successful. As a matter of fact, the only thing governments can do about the decline is to decide who will bear its costs. As the U.S. decline has been paralleled by...