ABSTRACT
The collapse of the old order in the East has been accompanied by an end to the old arrangements in the West—military, economic, and political. The collapse of socialism and communism as political alternatives to free-market capitalism means that political leaders have few weapons left in their arsenals. President Bill Clinton can admonish corporate executives to exercise more community responsibility, as he did in 1996. Clinton's lament was understandable since the Cold War offered American presidents a useful enemy in communism. But the end of the Cold War has placed both Republicans and Democrats in a feeble state. Lacking a common communist enemy, many Democrats and Republicans have found one in each other. Republicans successfully portrayed themselves as patriotic nationalists better able to defend the United States against tough Soviet adversaries, whereas Democrats were caricatured as muddle-headed in combating the communist conspiracy.
