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by roenxi
521 days ago
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> there are simply no such successful Empires anywhere in the world anymore There is the US not-an-Empire [0] though, that'll probably count when the history books reflect on the present era. WWI/II can very easily be interpreted as a transition of power away from incompetent British leadership (indeed, European monarchies - the change pre- post- WWI is striking) towards more capable US-based leadership. It isn't clear UK public ever really grappled how insufficient their leadership theory is. Their acceptance of poor performers over the last 20+ years has been striking although it is mirrored by low standards in the US. [0] https://en.wikipedia.org/wiki/List_of_American_military_inst... |
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By the end of WW2 the UK was bankrupt and completely ruined economically, while the US had become the industrial powerhouse of the world thanks to abundant resources, manpower, and the fact that the war largely took place far from its borders (a few tiny islands notwithstanding). By the end of WW2 the US owned nearly all the gold that Europe previously owned which led to the US Dollar the worldwide reserve currency.