"This chapter's thesis is simply stated: Globalization is not only creating opportunities but also dangers if worrisome trends are not handled wisely. Whereas the great drama of the 20th century was democracy's struggle against totalitarianism, the defining issue of the early 21st century will be whether the democratic community can control chaotic strategic affairs in the vast, troubled regions outside its borders, which are not being made permanently peaceful by globalization. Although the democratic community is making progress within its borders, it will face the challenge of fostering greater strategic stability at key places outside them, not only to protect its own interests and values but also to help progress take hold there. This challenge of suppressing new-era dangers while promoting healthy trends will especially fall on the United States. As superpower leader of the democratic community, it will need to blend its security and economic policies together and to use its military power wisely, as well as to mobilize help from its allies and partners. These tasks do not promise to be easy. Performing them effectively could play a major role in determining whether the future produces growing tranquility, or instead goes up in smoke. The bottom line is that while globalization and other unfolding dynamics have the potential to elevate much of the world onto a higher plane of peace and prosperity, they also have the capacity to tear it apart in ways that produce a dark future. The challenge is to ensure that the former unfolds, not the latter."
Government Printing Office: http://www.gpoaccess.gov/
Kugler, Richard L. and Frost, Ellen L. (Eds.), The Global Century: Globalization and National Security, Ch.3, p.75-107