The two measuring devices employed by Professor Paul Kennedy 20 year earlier are the central base for this essay paper. Through use of military and economic propensity this essay shall examine the major world powers their rise and decline.
Also related to the Kennedy’s argument is the prediction of the decline of the USSR and US as a major world power or super power, while prediction of gradual but steady raise of china as a major power.
The central thesis of Paul Kennedy is that the power of a state needs to be maintained and sustained. Therefore the more the power of a state increases, the more resources shall be needed to maintain. The maintenance of a power should be balance between both in military and economic power. But when more state resources are devoted towards maintaining military power in long term it weakens the power and directs it to the path of decline. While when productivity economy slightly overweighs military expenditure the power is stable and can be maintained. Therefore the key driver of the power of a state entirely relies on the economic component of the power. Thus the main argument is; power can only be maintained by a prudent balance between the creation of wealth and military expenditure.
Therefore the essay shall closely look at this argument that emphasizes on the power measuring parameter using the balance between wealthy creation and military expenditure. In order to do this effectively the essay shall evaluate how reliable and valid is the argument basing on the major historical world powers; especially the Germany, France, US, Moguls of India, Ottoman Empire, USSR, China, Japan and Great Britain.
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