The New Age of Tragedy


The post-Cold War moment, a 30-year period when globalisation and free trade were orchestrated under the aegis of American supremacy, is ending. As the historian Anders Stephanson has written, “One could not deny that geopolitics reduced to a set of mopping-up operations was a historic achievement of US power.” Today, great-power rivalry, war and the competition for diminishing resources are old realities reborn, revenants of history that now define a present of increasing peril and uncertainty.