Week 17

Rough Period of Transition Ahead for America

Introduction

Near the end of his life Drucker turned pessimistic as he looked at the problems confronting the United States and other civilized nations of the world. First there is the turbulence caused by the shift in the balance of power away from the United States. The rise of China and India as economic powers and the rise of China as a military power, coupled with the new economic trading blocs in South America, the European Union, and China, are altering the economic and military landscapes. In addition, major problems such as terrorism and environmental pollution are global and can be solved only by effective cooperation among a stable coalition of governments. This is going to change ...

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