An Empire of Wealth

Friday, November 5th, 2004

John Steele Gordon describes his new book, An Empire of Wealth:

The “empire” in the title comes from the fact that while the United States is, by far, the most powerful country in the world, it has no empire and never has had. The United States, after all, has only 6 percent of the world’s land area and 6 percent of its people, almost all of whom speak English and regard themselves as American. However, we conquered the world economically and have about 30 percent of the global gross product. While it was the Roman legions who Romanized the Mediterranean basin 2,000 years ago by force of arms, it has been U.S. entrepreneurs who have Americanized the modern world, through such means as blue jeans, Hollywood movies, Coca-Cola, rock ‘n’ roll, automobile assembly lines, and computer chatrooms.

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