
The COLLAPSE OF THE AMERICAN DREAM
Volume II: Diagnosis of Failure and the End of the Dream
Part VI: Power Vacuum and the New Global Chessboard
Chapter 98: The Awakening of the Third World: No Longer Following Washington — Multipolar Diplomacy and the Loss of Discursive Power
This chapter will shift the focus of analysis from great power competition (the U.S., China, Russia, EU) to the Global South—developing countries and emerging economies. We will argue that, faced with the end of American leadership (Chapter Ninety-Two), the bankruptcy of its moral authority (Chapter Eighty-Eight), and the rise of Chinese economic influence (Chapter Ninety-Six), these nations are undergoing a “geopolitical awakening.” They no longer view the United States as the sole model or inevitable leader, but actively seek multipolar cooperation, marking a fundamental weakening of America’s discursive power in the global order.
First Thesis: The Background of the Awakening: Disillusionment and the Emergence of Alternatives
I. The Disillusionment with the Washington Consensus
For decades, many developing countries were required to follow the “Washington Consensus”—strict implementation of privatization, liberalization, and structural adjustment.
Result: These policies often brought increased economic inequality and social instability, failing to achieve the promised stability and prosperity. This failure led to profound disillusionment with the U.S.-dominated economic model and international financial institutions (IMF, World Bank).
America’s Hypocrisy: While promoting democracy and human rights globally, the United States has, in practice, supported authoritarian or undemocratic regimes that served its short-term interests. This hypocrisy, amplified in the era of information transparency (Chapter Eighty-Seven), further undermined America’s moral authority.
II. The Emergence of Alternatives: China and Multipolar Cooperation Platforms
America’s contraction and internal attrition (Chapter Ninety) have provided fertile ground for the emergence of alternative cooperation models:
The Appeal of the China Model: China’s principle of “non-interference in internal affairs” and massive infrastructure investment (Chapter Ninety-Six) hold great appeal for countries weary of Western political conditionalities.
The Establishment of Multipolar Platforms: Non-Western-led cooperation platforms such as BRICS and the Shanghai Cooperation Organization are expanding their influence, offering developing countries avenues for trade and financial cooperation that bypass U.S. and Western mechanisms.
Second Thesis: Manifestations of the Awakening: The Practice of Multipolar Diplomacy
III. Manifestation One: Diplomatic Balancing and “Not Taking Sides”
Global South countries are no longer willing to “take sides” between the U.S. and China, instead adopting pragmatic “hedging strategies.”
Principle: They obtain infrastructure funding and technology (5G, AI) from China while securing market access and key technologies from the West.
Objective: This strategy aims to maximize national interests, avoid being drawn into great power competition, while preserving national sovereignty and strategic autonomy.
Impact on the United States: This refusal to take sides has repeatedly frustrated U.S. efforts to build a unified “democracy vs. authoritarianism” alliance.
IV. Manifestation Two: Attempts to Bypass the Dollar System
Developing countries are increasingly concerned about the U.S. weaponization of the dollar and the international financial system (for example, through sanctions).
De-Dollarization: Although difficult to achieve in the short term, many countries are exploring and promoting bilateral trade settlements using their own currencies or the renminbi.
Financial Autonomy: These efforts aim to counter the risk of U.S. unilateral sanctions and secure financial sovereignty, weakening the U.S. capacity for intervention through dollar hegemony.
V. Manifestation Three: International Voting and the Struggle for Discursive Power
In the United Nations and other international organizations, developing countries are forming more cohesive voting blocs, challenging Western dominance.
Rising Discursive Power: They demand structural reforms in international institutions (such as the UN Security Council, World Bank) to reflect shifts in the global balance of power, granting developing countries greater representation and decision-making power.
The Moral High Ground on Climate: On climate change issues, Global South nations insist that the West bear “historical responsibility” and provide substantial funding and technology transfer.
Third Thesis: Impact on the New Global Chessboard
VI. An Accelerator of Multipolarity
The awakening of the Third World is the most critical accelerator of the trend toward multipolarity.
Decentralization of Power: Power is no longer merely shifting among great powers but is dispersing toward regional centers and collective platforms.
Rewriting the International Order: Developing countries are no longer passively accepting international norms created by the West; they are actively participating in reshaping norms in international law, human rights, and internet governance.
VII. Substantial Weakening of U.S. Global Interests
The Global South’s shift substantially weakens America’s global interests:
Loss of Markets and Resources: China’s growing economic influence means American companies will lose access to key markets and control over natural resources.
Diplomatic Isolation: The United States finds it increasingly difficult to secure overwhelming support in the UN and global alliances.
VIII. Chapter Conclusion: The Contours of a New World
The analysis in Chapter Ninety-Eight establishes the geopolitical initiative of the Global South in the era of power vacuum.
Presentation of the Core Argument: America’s internal rot, moral hypocrisy, and leadership contraction have triggered a geopolitical awakening in the Global South. They have abandoned their following of Washington and instead seek multipolar cooperation and balancing diplomacy, marking a fundamental loss of U.S. discursive power in the global order and accelerating the formation of a multipolar world.
