Before the fall of the Soviet Union, we were correct in that view. Now we are trying to reevaluate our place in the world.
Fareed Zakaria pointed this out in his 2008 book "The Post-American World: And the Rise of the Rest". He points out that the book isn't about the decline of the United States; but the rise of the rest of the world to the level of the United States.
In short, the efforts of the United States to spread democracy and capitalism worked. More and more nations are rising to our level every year.
https://fareedzakaria.com/columns/2008/05/12/the-rise-of-the-rest
We are living through the third great power shift in modern history. The first was the rise of the Western world, around the 15th century. It produced the world as we know it now—science and technology, commerce and capitalism, the industrial and agricultural revolutions. It also led to the prolonged political dominance of the nations of the Western world. The second shift, which took place in the closing years of the 19th century, was the rise of the United States. Once it industrialized, it soon became the most powerful nation in the world, stronger than any likely combination of other nations. For the last 20 years, America's superpower status in every realm has been largely unchallenged—something that's never happened before in history, at least since the Roman Empire dominated the known world 2,000 years ago. During this Pax Americana, the global economy has accelerated dramatically. And that expansion is the driver behind the third great power shift of the modern age—the rise of the rest.
At the military and political level, we still live in a unipolar world. But along every other dimension—industrial, financial, social, cultural—the distribution of power is shifting, moving away from American dominance. In terms of war and peace, economics and business, ideas and art, this will produce a landscape that is quite different from the one we have lived in until now—one defined and directed from many places and by many peoples.
The post-American world is naturally an unsettling prospect for Americans, but it should not be. This will not be a world defined by the decline of America but rather the rise of everyone else. It is the result of a series of positive trends that have been progressing over the last 20 years, trends that have created an international climate of unprecedented peace and prosperity.
https://www.npr.org/2011/06/30/137522219/what-does-a-post-american-world-look-like
Thirty years ago, the United States dominated the world politically, economically and scientifically. But today?
"The tallest building in the world is now in Dubai, the biggest factory in the world is in China, the largest oil refinery is in India, the largest investment fund in the world is in Abu Dhabi, the largest Ferris wheel in the world is in Singapore," notes Fareed Zakaria. "And ... more troublingly, [the United States is] also losing [its] key grip on indices such as patent creation, scientific creations and things like that — which are really harbingers of future economic growth."
Zakaria, the host of CNN's Fareed Zakaria GPS and an editor at large for Time magazine, charts the fall of America's dominance and the simultaneous rise of the rest of the world in his book The Post-American World: Release 2.0, which shows how the collapse of communism and the Soviet empire — as well as the rise of global markets — has leveled the playing field for many other countries around the world.
"The result is you have countries all over the world thriving and taking advantage of the political stability they have achieved, the economic connections of a global market, the technological connection into this market," he tells Fresh Air's Terry Gross. "And we are all witnesses to this phenomenon."