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The Price Of Empire

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Authored by Umair Haque via Eudaimonia & Co,

Why America and Britain Are Self-Destructing (And What the World Can Learn From it)

It’s a striking fact of today’s world that the two rich societies in shocking, swift, sharp decline are America and Britain. Nowhere else in the world, for example, are real income, life expectancy, happiness, and trust all plummeting, apart from maybe Venezuela (No, “but at least we’re not Venezuela!” is not the bar to aim for, my friends.) 

Their downfall is, of course, a self-inflicted catastrophe. But the interesting question is: why? And what does it tell us about what it takes to prosper and thrive in the 21st century, which is something that America and Britain clearly aren’t doing, and maybe aren’t capable of doing?

Here’s an equally curious observation. America and Britain aren’t just any countries. They are the former hegemons of the world’s most powerful empires. Britain, until the first half of the 20th century, and America, picking up where Britain left off. Is this just a strange cosmic coincidence — that it is the two greatest empires of the most recent past who are the ones seemingly most incapable of meeting the challenges of the 21st century? There aren’t coincidences that great, my friends. Such tides of history always whisper lessons to be learned. What is this one trying to urgently teach us?

That there is a price to empire. A grave and ruinous one. And that price has grown over the centuries  –  so high that now, it is not worth paying anymore.

Let me explain what I mean — because it is not just about spending too much money and grasping too high. Not at all. It is about the kind of a place and people such a country ends up limited to being — and perhaps can

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