The Half Life of Empire

Blair Fix

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: A good way to think about human history is that it has two distinct scales. On the small scale we have the churn of daily events — the stuff of endless individual exploits. And on the large scale, we have the long-term evolution of human societies — a scale so sweeping that the actions of individuals are as insignificant as the shifting grains of desert sand. The task of social science is to somehow connect these two scales — to show how the characters of history act on a stage that they do not fully control. *** Looking at the present political spectacle, it’s clear that the world order is changing. In a matter of months, Donald Trump has taken a wrecking ball to the US-led regime that reigned since the end World War II. But here is an interesting question: if Trump had not been re-elected, to what extent would things be different? *** The answer depends on our choice of scale. In a world without Trump, the eddies of small-scale history would surely be altered. There would be no ‘department of government efficiency’, for example. Nor would their likely be an unfolding US-led trade war. But on the scale of long-term history, many tides would remain the same. Chief among them would be the inexorable decline of US empire. To put things bluntly, the ‘American century’ is over and will never return.

Keywords: Britain; empire; energy; imperialism; United States (search for similar items in EconPapers)
JEL-codes: P1 P5 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-ene and nep-evo
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