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Joseph Nye, who coined the term soft power, updates his ideas for the 21st Century. "The world is neither unipolar, multipolar, nor chaotic – it is all three at the same time. Thus a smart grand strategy must be able to handle very different distributions of power in different domains and understand the trade-offs between them." Image opposite: What values are holding together military power, economic power and the power of the pen, on a 3D chess board by Emily Kasriel.