Ever since the phrase “rise of rest” captured the imagination of the public, policymakers and analysts alike have tried to come terms with the full meaning of this global shift in power and its implications for the West. While some have argued that the decline of the West, in relative if not absolute terms, was inevitable, others have rejected the “declinist” theory altogether and applauded the ascent of countries like China, India, and Brazil as a triumph of Western values and economic principles. The Atlantic community will be able to preserve a rules-based, liberal world order, safeguard its values, and assure its future prosperity only if it unites and builds a strong line of defense against the forces of erosion facing it. There are formidable obstacles standing in the way of renewal, both political and structural, domestic and international. And a renewed Atlantic partnership, if achieved, may not even be able to defend and expand Western interests and values in an increasingly multi-polar world. The old West needs to reach out to other like-minded countries and democracies, avoiding any self-imposed cultural and geographic restraint in the process. The formation of global coalitions of like-minded partners to shape a global political environment in which all can prosper may be the key task of the next few decades.