The myth of hegemony crisis and the making of US global power

Abstract

This article aims to assess the limits of the debate on the crisis of hegemony in the United States in the 1970s. We raise the thesis that the crisis of this decade did not correspond to the supposed crisis of hegemony - despite the questions raised against it. We will argue that during the post-war period, the USA built the foundations of a global power that were consolidated during this and the following decade, through the foundation of the formatters parameters of the interstate system - security, currency/finance, production/technology. The crisis of the decade corresponds, therefore, not to a crisis of hegemony, but to the antagonism between the limits of the autonomy of National States and to the rise of a transnational economic order, whose vertex situated the American global power.