| − | {{quotebox-float|"States are sensitive to their capabilities relative to other countries and, in response to certain threats or developments, naturally seek to create balance against them. | + | {{quotebox-float|"States are sensitive to their capabilities relative to other countries and, in response to certain threats or developments, naturally seek to create balance against them. Whilst this is most prominently understood on [[military]] terms, ‘power’ extends to something much broader in practice, especially in today’s world. We don’t just think in terms of bombs or tanks, but everything which pertains to the strength of a state including [[technology]], the [[economy]], industrial assets, [[infrastructure]], [[currency]] and so on. The new competition between the US, its allies and China is different to the original [[Cold War]], in that it is premised on all of those things. This isn’t about who simply has the most [[nuclear weapon]]s, it’s a ‘Cold War of [[globalization]]’ of sorts, where everything contributes to the outcome of who dominates.}} |
| − | Whilst this is most prominently understood on [[military]] terms, ‘power’ extends to something much broader in practice, especially in today’s world. We don’t just think in terms of bombs or tanks, but everything which pertains to the strength of a state including [[technology]], the [[economy]], industrial assets, [[infrastructure]], [[currency]] and so on. | |
| − | The new competition between the US, its allies and China is different to the original [[Cold War]], in that it is premised on all of those things. This isn’t about who simply has the most [[nuclear weapon]]s, it’s a ‘Cold War of [[globalization]]’ of sorts, where everything contributes to the outcome of who dominates.}} | |