Is Trump embracing aggressive withdrawal?

[SomeGuy]

Quote:According to M&T what sets up a country for future leader role is beginning a new K-wave.

So, I have gone back through the Google Books version of LSWP, and I have found no reference to this.  I have found numerous references to the idea that what sets up a country for a future leader role is the growth captured by particular countries during a k-wave, as said growth is rarely evenly distributed.

Here we have, on pages 70-71:

Quote:A central premise of the leading sector concept is that growth occurs unevenly and at different rates within (national and global) economies.  Some types of activities or sectors expand steadily, but very slowly.  There will always be some sectors that are stagnating due to lags in technological change or, more simply, changes in demand.  Significant rates of economic growth, however, are initially traceable to a few activities that are so transformed by innovation that they experience abrupt and rapid expansion.  These sectors lead their respective economies as vanguards of high growth.  New ways of doing things are introduced. High profits are realized to the extent that leading sectors are monopolized by a few firms or a single economy; money for investment becomes less scarce; new industries and jobs are created; transportation costs may be reduced; and new markets are created.  In sum, leading sectors act as the spark plugs of economic growth.

The key concept, as you can see, is growth.  Growth is what leads to national power, not bragging rights. 

We also have the example of the Netherlands capturing the economic growth from Spain's silver flows from the New World.

We have the example of the British sugar boom in the Caribbean, hotly contested by the French, emerging as a result of the disruption of the Brazilian sugar supplies due to Dutch-Portuguese fighting.

We also have the mention, on page 97, that it was in fact Britain that had the initial lead in both steel and chemicals, before being displaced by the US (remember that the Bessemer process was invented in Britain) in the last quarter of the 19th century.  Germany was strongly competitive in many of these fields during the late 19th-early 20th century as well.