 The global financial crisis has called into question the viability of the American model of capitalism. The wars in Iraq and Afghanistan have shown the limits of American might. And the spending of the U.S. government has grown hazardously dependent on offshore investors. Is the era of American dominance over? That is the question in this Oxford Union-style debate as panelists make their case. Speakers for the motion cite changes brought on by the financial crisis, the end of post-World War II illusions, and the lessons of history, while those against point to American intellectual leadership, the ongoing economic influence of the U.S., and the lack of ideological challengers. Questions from the floor follow. The final vote? Overwhelmingly against. BBC Radio 4’s Evan Davis presides. (70 minutes)
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