Professor Krasner, B.A. History, Cornell University 1963, spoke at Cornell on September 17, 2008, at the invitation of the Einaudi Center for International Studies. The Board of the Cornell International Affairs Review had the privilege of meeting with him during his visit. The following article, produced here with his permission, is an edited transcript of this talk. The board of the Cornell International Affairs Review thanks Professor Krasner for his support to our mission.