I should have been more specific, not the world,society (collapsing) but the good old U.S.A. I agree with you KS, societies change. I think our is changing for worst.
Well, I'd agree that USA is experiencing a mega-cycle that ALL Empires go thru: we peaked in 1960's, and are undergoing a slow decline.
Think of it this way:
France was the leading World Empire in the 17th-18th Century, then UK predominated in the 18-19th Century. US was the winner of the 19th-20th Century, poised to leap to the front with massive untapped natural resources, an emerging Industrial Revolution to take advantage of it, AND something to build for: WW1 and WW2 were held on foreign soil, so we got the double-whammy boost of building armaments to destroy other lands AND the opportunity to rebuild (Marshall Plan)!
The Cold War was financially devastating to USSR, who collapsed, but also to the US; we're still weakened by the massive expenditures, and haven't exactly collapsed (we'll see if the ballooning Fed deficit ever comes to a head). Speaking of the deficit, when I was a kid in the 1970's I remember politicians talking about how we're leaving expenses that our children would have to pay (that was me, at the time). The funny thing is, people say the same today. We ARE paying for it, everytime you buy food or gas: that's reflective of a hidden tax that every U.S. citizen is paying for our prior excesses. I remember paying $1.10 per gal of gas just 15 yrs ago....
China is poised to step to the lead, for exactly the same reasons WE were in the lead last century (massive untapped natural resources, PLUS a work-force that has lower standards of living: read cheap labor). China also enjoys centralized control, where the gov't is able to play both games of capitalism with foreigners, while having the population used to communist wages (that's changing, now). Jim Rogers is a wealthy billionaire investor who saw China emerging, and moved his family to China in the 1990's to take advantage of the trend.
In any change, there will be winners and losers. In France, even though the country is not a World Empire, it doesn't matter: there are individuals who are doing extremely well. The same goes for the U.S.: there will be winners and losers here, too. But the overall trend is one of decline... Can't be King of the Hill forever, right?