The era of U.S. hegemony is coming to an end and other powers are rising. In this issue of Foreign Affairs, Fareed Zakaria contrasts America’s dwindling power with the decline of the British Empire while CFR President Richard Haass examines the consequences of a nonpolar world. The United States can continue to lead, they argue, but only if the “rise of the rest” is managed properly.

FAREED ZAKARIA is Editor of Newsweek International. This essay is adapted from his book The Post-American World (W. W. Norton and Company, Inc., © 2008 by Fareed Zakaria).

Read the article at Foreign Affairs…