America's Long-Term Future
Executive Summary

Jesse Alan Gordon, 1995

This article provides a framework for identifying and promoting policies which make America more internationally competitive in the long term:

This framework seeks policies in a context of America's "relative decline." Our share of the world economy has declined steadily, from 31% of the world's GDP in 1960 to 26% today. Our trading partners have grown faster than us, and this trend seems likely to continue. Our relative decline marks the success of our ongoing policy to foster capitalist democracies worldwide, but requires that we consider how to compete in a world of equals. This article focuses on the contemporary US, but the framework could be applied to other countries or other time periods as well.

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All material copyright 1995 by Jesse Gordon.
Reprinting by permission only.

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