Reconstruction of Weakened Hegemon Power in the USA After the 2008 Economic Crisis

Abstract

The study, which evaluates the concept of hegemony ontologically and examines the restructuring of hegemon power by evaluating it against economic vulnerabilities, was evaluated within the context of the pressure of hegemon power on the economy by addressing the 2008 economic crisis, one of the three major crises in the history of the United States. The main problematic addressed in the article is as follows: When the economic crises were first examined, the effects created in the short term were observed by characterizing them from introversion and military engagements. In this context, it has been examined from the realist point of view of an economic and military power correlation that retains its superiority despite the impact of the economic crisis. When this situation is considered, it is an attitude that diverges its own negative interests from the approach of protectionism through interventionism. Why does hegemon power not want to use it, while it has the power to reveal its superiority by using military methods or in other words brute force? In order to find the answer to this question, it is important to first investigate which features of hegemony, and especially American Hegemony, activate and how it can use protectionism together with interventionism. According to Cox, consent in hegemony comes before coercion. In hegemonic relationships, similarities were observed between the negative feelings or interests of the power owner and those of other world states. Hegemon utilizes the ability to use the persuasion element to maintain its superiority, consolidate its leadership position and ultimately protect its own interests. In this case, it is possible for other actors in the hegemonic system to influence the system by using slightly less economic and military resources. Because the effects of hegemon power are mentioned by making use of the basic harmony of hegemonic common values and interests.
In summary, it appears as a key concept to understand the functioning and change of the phenomenon of socialization in the hegemonic system in hegemonic structures. The ability to persuade legitimacy or to ensure the acceptance of a certain economic international order, in other words, the capacity to form consensus policies on the normative foundations of the system concentrated among other national elites, is the most important and perhaps the most vital aspect of hegemonic power.