Throughout what publisher Henry Luce dubbed the "American
century," the United States has wrestled with two central
questions. Should it pursue its security unilaterally or in
cooperation with others? If the latter, how can its interests be
best protected against opportunism by untrustworthy partners? In a
major attempt to explain security relations from an
institutionalist approach, David A. Lake shows how the answers to
these questions have differed after World War I, during the Cold
War, and today. In the debate over whether to join the League of
Nations, the United States reaffirmed its historic policy of
unilateralism. After World War II, however, it broke decisively
with tradition and embraced a new policy of cooperation with
partners in Europe and Asia. Today, the United States is pursuing a
new strategy of cooperation, forming ad hoc coalitions and evincing
an unprecedented willingness to shape but then work within the
prevailing international consensus on the appropriate goals and
means of foreign policy.
In interpreting these three defining moments of American foreign
policy, Lake draws on theories of relational contracting and poses
a general theory of security relationships. He arrays the variety
of possible security relationships on a continuum from anarchy to
hierarchy, and explains actual relations as a function of three key
variables: the benefits from pooling security resources and efforts
with others, the expected costs of opportunistic behavior by
partners, and governance costs. Lake systematically applies this
theory to each of the "defining moments" of twentieth-century
American foreign policy and develops its broader implications for
the study of international relations.
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