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Foreign Policy
Foreign Policy
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Stephen M. Walt, Laurie Garrett

America’s History of Luck Is Running Out

A woman fills out a Mega Millions lottery ticket on October 19, 2018 in New York City. ANGELA WEISS/AFP via Getty Images

The United States is the luckiest country in modern history. It began as a set of marginal European outposts, separated from the settlers’ home countries by a difficult sea voyage. When the colonies gained independence, they were weak, poor, and fractious. But in less than a century and a half, those 13 original colonies had expanded across North America, survived a civil war, driven other great powers from the Western Hemisphere, and created the world’s largest and most dynamic economy. That ascent didn’t stop until the end of the 20th century, when victory in the Cold War left the United States alone at the pinnacle of power. For a little while.

Americans like to attribute this remarkable story to their ancestors’ virtues, the enlightened wisdom of the Founding Fathers, and the intrinsic merits of America’s peculiar blend of liberal democratic capitalism. But in addition to the considerable cruelty displayed toward the native population and the slaves imported from Africa, good fortune played a major role as well.

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