Australia’s fixation on the South China Sea, and policy-makers’ indulgence of the fatuous Indo-Pacific concept, is obscuring the major developments in the strategic environment and misdirecting the public debate. While military power will continue to play a role in international relations, the fierce competition over the technologies and materials crucial to the next economy should be preoccupying strategic policy-makers.
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The Biden administration will be unable to avoid continuing America’s fierce competition with China. It also will find that, like-minded and democratic or not, most states will have distinct national interests and will seek to act autonomously, dancing between the feet of the battling giants, trying to extract or leverage the best price for their allegiance and alignment in the Chinese-US competition. With a deep past investment in the US hegemony, Australia is awkwardly placed as this new age of strategic capitalism unfolds.
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