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This course will explore what many are arguing is the most profound crisis of our time--hegemonic stability. We will begin by defining the characteristics of a hegemon and discuss whether any country today can fit the role. If the United States no longer has the power to devise and enforce the broad rules of engagement, as suggested by a recent Economist article, then what are China's prospects? Applying classic international relations theory (realism, liberalism, and Marxism), students will examine the evolution of the post-WWII political and economic system and its state today, and they will evaluate the likelihood of power centers other than the United States emerging. Upon completion of the course, students will have greater familiarity with global governance issues and the strategic challenges facing the US today.