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Colossus: The Rise and Fall of the American Empire
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About Colossus: The Rise And Fall Of The American Empire
Product Description From the bestselling author of The Ascent of Money and The Square and the TowerIs America an empire? Certainly not, according to our government. Despite the conquest of two sovereign states in as many years, despite the presence of more than 750 military installations in two thirds of the world’s countries and despite his stated intention "to extend the benefits of freedom...to every corner of the world," George W. Bush maintains that "America has never been an empire." "We don’t seek empires," insists Defense Secretary Rumsfeld. "We’re not imperialistic."Nonsense, says Niall Ferguson. In Colossus he argues that in both military and economic terms America is nothing less than the most powerful empire the world has ever seen. Just like the British Empire a century ago, the United States aspires to globalize free markets, the rule of law, and representative government. In theory it’s a good project, says Ferguson. Yet Americans shy away from the long-term commitments of manpower and money that are indispensable if rogue regimes and failed states really are to be changed for the better. Ours, he argues, is an empire with an attention deficit disorder, imposing ever more unrealistic timescales on its overseas interventions. Worse, it’s an empire in denial—a hyperpower that simply refuses to admit the scale of its global responsibilities. And the negative consequences will be felt at home as well as abroad. In an alarmingly persuasive final chapter Ferguson warns that this chronic myopia also applies to our domestic responsibilities. When overstretch comes, he warns, it will come from within—and it will reveal that more than just the feet of the American colossus is made of clay. Review "Every page of Colossus is provocative." —Ernest May"Amid the seemingly endless writings and decisions about ‘America as Empire,’ the most prominent recent voice is that of Niall Ferguson." —Paul Kennedy, New York Review of Books About the Author Niall Ferguson is one of the world's most renowned historians. He is the author of Paper and Iron, The House of Rothschild, The Pity of War, The Cash Nexus, Empire, Colossus, The War of the World, The Ascent of Money, High Financier, Civilization, The Great Degeneration, Kissinger, 1923-1968: The Idealist, and The Square and the Tower. He is Senior Fellow at the Hoover Institution, Stanford University, and a Visiting Professor at Tsinghua University, Beijing. His many awards include the Benjamin Franklin Prize for Public Service (2010), the Hayek Prize for Lifetime Achievement (2012) and the Ludwig Erhard Prize for Economic Journalism (2013). Excerpt. © Reprinted by permission. All rights reserved. It used to be that only foreigners and those on the political fringes referred to the “American Empire.” Invariably, they did so in order to criticize the United States. Since the attack on the World Trade Center in September 2001, however, there has been a growing volume of more mainstream writing on the subject of an American empire. The striking thing is that not all those who now openly use the “e” word do so pejoratively. On the contrary, a number of commentators seem positively to relish the idea of a U.S. imperium.There is certainly no question that the United States has the military capability to take on the old British role as underwriter of a globalized, liberalized economic system. Before the deployment of troops for the invasion of Iraq, the U.S. military had around 752 military installations located in more than 130 countries, accommodating 247,000 American service personnel deployed abroad. On land, the United States has 9,000 M1 Abrams tanks. The rest of the world has nothing that can compete. At sea, the United States possesses 9 “supercarrier” battle groups. The rest of the world has none. And in the air, the United States has 3 different kinds of undetectable stealth aircraft. The rest of the world has none. The United States is also miles a
