Naval War College Review


American foreign policy has entered into a new, promising, but potentially dangerous era. The advent of Mikhail Gorbachev and the apparent collapse of communism in Eastern Europe have convinced many that the democracies have won the Cold War, or that victory is imminent. Simultaneously, the relative decline of U.S. economic power vis-a-vis its European and Asian allies has convinced others that multipolarity will replace bipolarity as the ordering principle of world politics.