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How the U.S. Became the World's Dispensable Nation
In a second inaugural address tinged with evangelical zeal, George W. Bush declared: "Today, America speaks anew to the peoples of the world." The peoples of the world, however, do not seem to be listening. A new world order is indeed emerging - but its architecture is being drafted in Asia and Europe, at meetings to which Americans have not been invited....

...That the rest of the world is building institutions and alliances that shut out the US should come as no surprise. The view that American leaders can be trusted to use a monopoly of military and economic power for the good of humanity has never been widely shared outside of the US. The trend toward multipolarity has probably been accelerated by the truculent unilateralism of the Bush administration, whose motto seems to be that of the Hollywood mogul: "Include me out."

In recent memory, nothing could be done without the US. Today, however, practically all new international institution-building of any long-term importance in global diplomacy and trade occurs without American participation.

In 1998 Madeleine Albright, then US secretary of state, said of the U.S.: "We are the indispensable nation." By backfiring, the unilateralism of Mr Bush has proven her wrong. The US, it turns out, is a dispensable nation.

Europe, China, Russia, Latin America and other regions and nations are quietly taking measures whose effect if not sole purpose will be to cut America down to size.

Ironically, the US, having won the cold war, is adopting the strategy that led the Soviet Union to lose it: hoping that raw military power will be sufficient to intimidate other great powers alienated by its belligerence. To compound the irony, these other great powers are drafting the blueprints for new international institutions and alliances. That is what the US did during and after the second world war....