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Is it the end of North-American hegemony? A structuralist perspective on Arrighis systemic cycles of accumulation and the theory of hegemonic stability

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  • Marcos Vinicius Isaias Mendes

    (PhD Candidate in International Relations, Universidade de Brasilia (UnB), DF - Brasil.)

Abstract

The paper aims to present some aspects of the debate about the end of the hegemony of the United States, in light of the theories of systemic cycles of accumulation and hegemonic stability. Among the conclusions, the paper shows that the American hegemony is diminishing not only because of the emergence of new powerful countries, such as China, but because the international system, composed by new powerful actors such as multinational corporations, global cities, religious organizations and transnational terrorist groups, is diminishing the means by which the US has exercised its global power since the mid twentieth century. JEL Classification: F500

Suggested Citation

  • Marcos Vinicius Isaias Mendes, 2018. "Is it the end of North-American hegemony? A structuralist perspective on Arrighis systemic cycles of accumulation and the theory of hegemonic stability," Brazilian Journal of Political Economy, Center of Political Economy, vol. 38(3), pages 434-449, February.
    • Handle: RePEc:ekm:repojs:v:38:y:2018:i:3:id:95202
    DOI: 10.1590/0101-3157-2018-2799
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