Hegemony in a Multipolar World

The Great Power Rivalry of the 21st century has begun with the coveted crown of hegemonism worn by few, but sought by many. Following the Second World War, the United States’ position as the world’s most powerful state has appeared increasingly unstable. Today’s world is witnessing the rise of new, diverse, and global powers capable of wielding influence in both global markets and governance. This engenders a direct challenge pointed at the hegemony of the larger nations. Gone are the days when the ‘West’ could dominate pressing issues and influence other nations. The pie is being shared by many more: right from the mercuric rise of the Asian Tigers to the increasing global significance of Brazil; the world is witnessing a tectonic shift in hegemonism. 

Political hegemony can only lead to a dead end. It can suit an imperialistic or dictatorial nation. A concoction of economic, political, and technological advancement is necessary for a respectable hegemon. The countries under the latter’s influence will benefit through economic cooperation. Further, moving ahead in this ensuing multipolar world, victorious will win the battle of ideas, for it is a known fact that innovation is the heart of competition. As a result of changing geopolitical circumstances, various countries are increasingly threatening U.S. hegemony in the global order. Facets of these changes have manifested themselves through economic initiatives, providing geopolitical influence. 

The persisting question remains: Will U.S. hegemony continue like it always has into the 21st century too? While speculations are still being made, one thing remains clear: Hegemony is no more the club of ruling elites. The rise to power can be a journey taken by every nation.