US hegemony as structural power:
1. US maintain its hegemony as structural power by providing global public goods, goods that can be consumed by one person without reducing the amount of the good available for someone else. Example : the sea routes commonly used by merchant ships.
2. The Internet relies on a global network of satellites, most of which are owned by the US government.
3. The US share of the world economy remains an enormous 28 per cent.
4. A classic example of the structural power of the US is the academic degree called the Master’s in Business Administration (MBA). The first business school was Wharton School at the University of Pennsylvania, was established in 1881.
Hence, US is present in all parts of the world, in all sectors of the world economy and in all areas of technology.
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