Paul Michael Kennedy CBE FBA is a British historian specialising in the history of international relations, economic power and grand strategy. He has published prominent books on the history of British foreign policy and great power struggles.
Paul Kennedy emphasises the changing economic power base that undergirds military and naval strength, noting how declining economic power leads to reduced military and diplomatic weight.
Almost 30 years ago, Yale historian Paul Kennedy touched an American nerve. His study, The Rise and Fall of Great Powers: Economic Change and Military Conflict from 1500 to 2000, argued for a broad historical pattern. Great powers, in order to remain great powers, had a task that was simple to understand but difficult to execute: to balance wealth and their economic base with their military power and strategic commitments. These states therefore faced a constant triple tension between investment, defense and consumption. Failure to get this balance right risked overextension as a large economy vulnerable to predators like nineteenth century China, as a stagnating over-militarized power like the Soviet Union, or as a credit-addicted, inflexible failure like Phillip II’s Spain.
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#internationalpolitics
#internationalrelations #realist
