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Is neoconservatism dead?

Peter Beinart pens an obituary for neoconservatism:

Post-9/11, neoconservatism posited that jihadist terrorism was the greatest foreign-policy threat of our age, a threat on par with Nazi Germany and the Soviet Union. And it insisted that the only way to defeat that threat was to remake the Middle East through military force.

Today, by contrast, it is increasingly obvious that the real successor to German fascism and Soviet communism is not Al Qaeda, whose mud-hut totalitarianism repels the vast majority of Muslims. It is Chinaâ??s authoritarian capitalism, the first nondemocratic ideology since the 1930s to challenge the idea that democracy is the political system best able to promote shared prosperity. And not only is Al Qaeda sliding into irrelevance, its demise is being hastened by exactly the narrowly targeted policies that neoconservatives derided.

I think this is something of a misreading. Before 9/11, and almost immediately thereafter, neoconservatives identified Iraq as a major threat. During the 1990s, they were also actively stumping for a more confrontational approach to China - something that has resumed as the war against al-Qaeda has moved further to the margins. And let's not forget Iran. In other words, neoconservatism doesn't rise or fall on a particular set of enemies, it's a way of thinking of the world and America's role in it (which, incidentally, has an endless capacity to identify enemies abroad). Agree or disagree with it, it's not going anywhere.

I do think Beinart is correct when he writes that: "Post-9/11 neoconservatism was a doctrine that rejected limits. Now that limits are becoming, painfully, the centerpiece of American political debate, itâ??s no longer a plausible vision of Americaâ??s relationship to the world."