US relative power faces accelerating decline, including toward nonstate actors

Evidence

[I]n many important respects, its [the United States’] relative power will decline at an accelerating pace. In terms of its raw economic capabilities, the position of the United States in relation to Japan and eventually China is likely to erode still further. In the military realm, the balance of effective capabilities between the United States and a number of growing regional powers (including, perhaps, Iran, India, and China) will shift from the center toward the periphery. Some of America’s structural power will flow to other nations; some (and some of its soft power as well) will find its way into the hands of nonstate actors like multinational corporations. — Samuel P. Huntington, The Clash of Civilizations and the…, 222

Categorization

• QUESTION: Interesting to verify these mid-1990s predictions against actual 2020s outcomes — did US relative decline accelerate as predicted?