In 2014, I wrote an essay about the possibility of World War III around 2030, arising out of a clash between the U.S. and China. Six years later I would make two corrections to that article. First, a Sino-American war now looks not just possible, but almost inevitable. Second, the situation preceding the US-China clash will not resemble the world of the early twentieth century, pre-WWI, with its rapidly growing prosperity due to what is now considered the first era of globalization. Rather, the atmosphere of the 2020s will be more akin to that of the 1930s, with the global economy in the doldrums and the rise of authoritarian and neo-totalitarian regimes. The most important question, though, is whether the US-China war will be a relatively limited one. If not, could it lead to a global conflagration, drawing in other players such as Russia, India, Japan and Europe?
The history of mankind has never lacked in conflicts over values and power, both within societies and among them. Yet the present moment is rather unique because of the convergence at one point in time of several profound and explosive societal contradictions, with the threat of pandemics and climate change as the background. China is perhaps the only major island of relative stability in the global tempest, which, incidentally, amplifies the fears that Beijing would try to reach for the scepter of global power.
In due time, the current contradictions and conflicts will run their course and be resolved. A new equilibrium will set in. Until it does, however, we will be living in very interesting times. Perhaps, not angst but, rather, excitement should be the main mood of our era.
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