By the end of World War II, we were the most powerful and least damaged of the great nations. We also had most of the money. America's hegemony lasted exactly five years.
Sentiment: NEGATIVE
Well, in 1947... in Europe and in Italy especially, we thought of America as all-powerful.
Of the four wars in my lifetime, none came about because the U.S. was too strong.
World War II made prosperous the United States, which had been undergoing a depression for a dozen years, and made very rich those magnates and their managers who govern the republic - with many a wink - in the people's name.
America's greatness is largely because of how we value the weakest among us.
I've spent my entire adult life with the United States as a superpower and one that had no compunction about spending what it took to sustain that position. And it didn't have to look over its shoulder because our economy was so strong.
The U.S. might enjoy overwhelming military advantage, but its relative economic power, which in the long run is almost invariably decisive, is in decline. The interregnum after the Cold War, far from being the prelude to a new American age, was bearing the signs of what is now very visible: the emergence of a multipolar world.
We didn't become the most prosperous country in the world just by rewarding greed and recklessness. We didn't come this far by letting the special interests run wild. We didn't do it just by gambling and chasing paper profits on Wall Street. We built this country by making things, by producing goods we could sell.
The United States has been a global power since late in the 19th century.
Our country, the United States of America, may be the world's largest economy and the world's only superpower, but we stretch ourselves dangerously thin by taking on commitments like Iraq with only a motley band of allies to share the burden.
Britain kept its position as the dominant world power well into the 20th century despite steady decline. By the end of World War II, dominance had shifted decisively into the hands of the upstart across the sea, the United States, by far the most powerful and wealthy society in world history.