By the end of the Second World War in 1945, the United States was so powerful (at one point about 35 percent of the world’s entire economic production was American) that it seemed as if it was destined to shape the world according to its preferences. John F. Kennedy declared confidently in 1961 that America was strong enough to “pay any price, bear any burden” to ensure the success of liberty. Three decades later, the United States is in less of a position to insist on the immediate realization of all its desires.

