Strategic Reality Today: Extraordinary Past Success, but Difficult Challenges Loom

Acknowledgements The material in the section labeled “Strategic Reality Two” has benefitted significantly from discussions between Rich Bettis and Gwen Lee of the Warrington School. We greatly appreciate her insightful help. We also acknowledge the effect of Songcui Hu, our long-time research partner who has inevitably influenced our thinking in many ways. We want to thank Isin Guler, Michelle Rogan, Ihsan Beezer, Robert Hill, and Anavir Shermon for useful comments on a preliminary outline of the paper before we began writing it. Finally, we thank the single referee for several very insightful comments that allowed us to substantially improve the paper.