Balance of Power Is Continuing to Shift From the US

CATO Institute ^ | May 21, 2008. | Leon T. Hadar

[Cronos]

There was a time – many years ago – when Time magazine was considered to be an American and international "institution." That explained why the world's movers and shakers paid a lot of attention to the individual that the founder Henry Luce and his successors picked as the magazine's Man of the Year.

snip

But gradually, Time magazine was transformed from that institution into the older and serious brother of People magazine, and now it has become, for all practical purposes, the Lenin Mausoleum of American journalism, an institutional corpse that is being preserved for some reason

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So we seem to be regressing to the reactionary "Great Man" theory of history. Mr. Putin is expected to evoke the memories of such Russian historical giants as Peter the Great and Comrade Joseph Stalin.

Personally, I'm not as impressed with the new tough-talking man in the Kremlin. Yes, Russia with its huge energy resources and large territory and population is reasserting its influence as one of the world's great powers.

snip

While China, the Middle Eastern oil-producing countries and other emerging economies in East Asia and the Middle East, as well as in Latin America (Venezuela) may be challenging American global supremacy, the United States remains central to the global economic and military infrastructure, and there are no signs that any of the rising powers, including the European Union (EU) is ready to replace Washington in the driver's seat.

[Cronos]

Old article, but interesting

[Niuhuru]

“the older and serious brother of People magazine”

Indeed. Along with Newsweek.

All those stupid celebs like Angelina are considered among the most influential people in the world shows where Time magazine’s priorities are.

[Senator John Blutarski]

Spelling correction - N E W S W E A K

;-]

[Deetes]

It’s 10:06 Alaskan time .

[mc6809e]

All those stupid celebs like Angelina are considered among the most influential people in the world shows where Time magazine’s priorities are.

Well, it certainly shows where the public's priorities are.

[truthguy]

Yes it's an old article but revelent. Both Time and Newsweek (some say Newsweak) are dinosaurs. I doubt either will be in business in 5 years. The people in charge will blame the Internet but I think it's greater than that. I think it's content.

Both of these weekly magazines have terrible and biased reporting. Their editorials are also terrible. I'll admit to reading them because we get them at work. I wouldn't buy either one even if they charged 25 cent a copy (if that was possible). They are essentially extensions of the Democratic Party. They (the reporters and editors) are typical upper West Side or Beltway liberals and are insulated and isolated in the little world they live in. They are ideologues so they will have no problem driving the company into bankruptcy. That's less important than towing the liberal/leftist line. I'll be glad when they both go out of business.

[Maine Mariner]

Any comments on US News and World Report (I have reading it since the mid 1960’s when I participated in high school speech and debate activities)?

[all the best]

Bingo. Saying Jolie is influential is not lauding the fact but reporting it. Unfortunately she is all too influential. Public, vast majority, is imbecilic and adolescent. Remember, Americans just elected Obama. And the other choice was McCain. And now 70% of Americans are thrilled with the big O. Including majority of R voters.

[sinanju]

You have to read the whole thing to find the kicker.

Basically 90% of the text is a conservative-themed lead up to the statement that:

“The hope is that the next person in the White House after 2008 will be more inclined to work together with the rest of the world in trying to defuse global military tensions, especially in the Middle East and continue the process of economic globalization.

But the growing anti-globalization sentiment and anti-immigration mood in the United States in the form of political pressure in support of protectionism and isolationism suggest that the adjusting of US interests and policies to the changing realities of weakening American economic and military power will not be easy.”

Our economic problems and the fact that Wall Street is no longer the financial center of the universe is precisely because WE are no longer following the liberal economic model. As for our military commitments, they are another matter entirely.

Very sneaky.

[sinanju]

The author of the piece, Mr. Leon Hadar, makes it clear there is no reason that Time might straggle on for another seventy-five years as it is already a “loss leader” for its parent company:

“But gradually, Time magazine was transformed from that institution into the older and serious brother of People magazine, and now it has become, for all practical purposes, the Lenin Mausoleum of American journalism, an institutional corpse that is being preserved for some reason (prestige?) while People magazine, HBO and other media outlets keep the parent company in business.”

[Bratch]

Rules.

[henkster]

I agree. These rags are corpses, and the internet killed them, but not for the reason the editors and management of the rags believe. The internet killed them because they didn’t sell with the American people. Only a narrow slice of leftists believe the garbage they print. A greater number of Americans don’t read, they just watch American Idol. Mainstream thinking Americans, or what remains of us, won’t read these rags because of their content.

Many years ago I subscribed to the Sporting News. But in the early 1990’s, when TSN only cared about “social consciousness in sports” I was done with it. I subscribed because I wanted to read about how Ryne Sandberg could hit Bruce Sutter’s split finger fastball. I didn’t care whether the next manager of the Cubs should be black.

Time and the other dinosaurs have the same problem today. Nobody cares what they care about.

[oldbrowser]

I'll admit to reading them because we get them at work

I used to browse through them at the doctor's office a few years ago, but now I would rather stare at the ceiling.

[perchprism]

This was difficult to read——poorly written.

[Mikey_1962]

The Detroit News / Detroit Free Press have shown the future: the Print medium is dead.

Let these morons bet against the USA just as they have for 200 years, and we will come out on top again.

We are so good at recognizing new markets and capitalizing on them that we leave the rest of the world in our dust.

What original invention (other than Karaoke) has come out of Japan?

[Cronos]

crack ******

[Alberta's Child]

USN&WR is probably several steps above Newsweak and Time in terms of credibility and quality, but from what I’ve seen it has declined considerably since my days in high school in the 1980s when I used it to keep up with current events for history class.

[Nuc1]

USN&WR was a great magazine in the sixties. We, my dad and I, used to read it all the time. Now it is a libtard digest I only read in the doctor's office if there is nothing else available. Though not a bad as Time or News Weak.

[all the best]

Proves my point. Looks like some whore. I assume you are male. Why not go for man in the 2009.

[Niuhuru]

Ah I see now.