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Home » Game Theory #15: The Return of History w/ Professor Jiang (Transcript)

Game Theory #15: The Return of History w/ Professor Jiang (Transcript)

Editor’s Notes: This lecture, titled “Game Theory #15: The Return of History,” explores the transition from a U.S.-led unipolar world toward a new era of global instability and shifting power structures. The lecture analyzes the decay of the three pillars of “Pax Americana”—military supremacy, the dominance of science as a global religion, and the universality of the US dollar—explaining how their decline is leading to a paradigm shift. As the speaker examines the impact of resource scarcity, aging populations, and regional conflicts, he challenges viewers to adapt to a future defined by resilience rather than just efficiency. (Mar 24, 2026)  

TRANSCRIPT:

The End of History and the Unipolar Moment

PROFESSOR JIANG XUEQIN: When the Berlin Wall fell, there was an American State Department official named Francis Fukuyama, and he wrote a very influential essay called “The End of History.” For decades, capitalism was in a struggle with communism. And in his essay, Fukuyama argued that with the triumph of capitalism, we’ve come to the end of history. Meaning, we now know what humanity most strives for, which is a liberal consumer democracy where people feel empowered to have the freedom to buy whatever they want. And this for him was the apex of human civilization.

And this creates what is called the Unipolar Moment where America is the global hegemon and it creates a world that is heavily globalized, capitalistic and very individualistic. And this is a very unique moment in human history. And we’ve come with this one Iran to the end of this moment. Alright. So let me first explain the three major characteristics of this unipolar moment.

The Three Pillars of the Unipolar Moment

# Pillar One: Pax Americana

The first is what I call Pax Americana. Where American power, American military might guarantee peace in the entire world and this is unique in human history where for the first time there was a power that was able to dominate the entire globe and America was able to do so through three mechanisms.

The first is of course its military power but specifically aerial supremacy, which is backed up by special forces and the CIA. So the CIA was able to infiltrate every single government in the world and identify who would be loyal to the American empire and then promote this person. If there were individuals that challenged the American empire, these people were demoted or eliminated. Nations that proved problematic, for example, maybe Syria or Libya, special forces went in to sabotage the economy and then aerial power went and destroyed the government. And so this way, Pax Americana.

Now what’s good about this is that it did bring peace to very problematic regions. For example, in East Asia, Japan, South Korea, North Korea, China, Vietnam not competing against each other. Just participate in global economy which brought tremendous wealth and prosperity to the East Asia region. This is true also in Europe, and South America as well.

# Pillar Two: The Supremacy of Science

The second mechanism is mass surveillance through the popularization of the internet. Believe it or not, but the internet was created not actually to help you communicate and to watch pornography, it was actually to have a mass surveillance system over the entire human population so that the Pentagon, the military knew exactly the vibe or the culture, the attitudes, the emotions of each region and through social media through platforms such as Facebook and Twitter, they were able to manipulate certain emotions.

And the third is something called a rules based international order. And what this means is American power hid behind multilateral organizations such as the United Nations, such as the World Bank, such as the World Trade Organization. And so people didn’t notice that the American military empire was dominating everything. They believed that the world was fair and just and through logic and reason and debate, they could present their case. Alright, so for the longest time, Pax Americana provided peace and stability to the world which brought tremendous prosperity.

Number two is the supremacy of science. So for most of human history, people were religious. They believed in gods. But with the rise of Pax Americana, science became the dominant religion of the whole world.

The last example is Covid. Covid was raging across the world and then they introduced vaccines. Now, I teach critical thinking skills. So when I first learned about the vaccines, I was a bit skeptical. I said to my friends who are Chinese and American, vaccines used to take about ten years to develop and that’s when the virus is stable and have been around for centuries. But this COVID is constantly mutating and they haven’t done enough trial research. So is it really safe to take these vaccines?

And whether they were Chinese or American, their response was the same, which is: “How dare you question science? You are a peasant. Have you gone to school? Have you no culture? Can you not think?”

And it shows you how science has become the new religion of the world. And if you think about it, the scientists that run the world, they’re actually transnational priests. Science is an actual brotherhood where if you’re a scientist in China, you’re not actually loyal to China, you’re actually loyal to the international order of science because that’s how you get promoted. You get published in Nature or Science, if you win an award like the Nobel Prize, that’s how you get rewarded. So you’re better off being loyal to the order of science rather than your own nation state. And of course it is the American empire that controls science.

# Pillar Three: The Universality of the US Dollar

And the third unique aspect of the unipolar moment is of course the universality of the US dollar. And it’s incredible to think about where just a piece of paper you think it’s gold, you think there’s value in it, and not just you but everyone around you, so that if you take your US dollars you can go anywhere in the world and buy yourself a villa or enjoy a nice vacation or fly around.