“DEFEAT IS NEVER pleasant, but often it is better to lose than to win. Defeat in the Second World War was the best thing that ever happened to Germany and Japan in their thousand years of recorded history. For America, losing in Vietnam was also a blessing in disguise. While defeat seemed to shatter the illusion of an “American century” of global dominance, it was followed by 30 years of almost uninterrupted prosperity, a political renaissance for conservative values and America’s total victory over communism in the Cold War. […] What then should America and its allies do in the face of Iran’s nuclear defiance? The answer is clear: concede defeat. Iranhas won this tussle and there is no point in pretending otherwise. Instead of trying to stop Iran’s nuclear programme, the international community must bring Iran back into the civilised world. The only way to do that is to stop issuing empty threats and to start offering Iran real incentives for co-operative behaviour — non-aggression guarantees from America and Israel, removal of the residual US economic sanctions dating back to the 1980s and the prospect of steadily improving treatment in investment and trade.”


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