Summary and Reviews of Colossus by Niall Ferguson

Colossus by Niall Ferguson

Colossus

The Price of America's Empire

by Niall Ferguson
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  • Critics' Consensus (6):
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  • First Published:
  • Apr 1, 2004, 400 pages
  • Paperback:
  • Apr 2005, 400 pages
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About This Book

Book Summary

Niall Ferguson brings his renowned historical and economic depth of field to bear on a bold and sweeping reckoning with America's imperial status and its consequences.

Is America an empire? Certainly not, according to our government. Despite the conquest of two sovereign states in as many years, despite the presence of more than 750 military installations in two thirds of the world’s countries and despite his stated intention "to extend the benefits of freedom...to every corner of the world," George W. Bush maintains that "America has never been an empire." "We don’t seek empires," insists Defense Secretary Rumsfeld. "We’re not imperialistic."

Nonsense, says Niall Ferguson. In Colossus he argues that in both military and economic terms America is nothing less than the most powerful empire the world has ever seen. Just like the British Empire a century ago, the United States aspires to globalize free markets, the rule of law, and representative government. In theory it’s a good project, says Ferguson. Yet Americans shy away from the long-term commitments of manpower and money that are indispensable if rogue regimes and failed states really are to be changed for the better. Ours, he argues, is an empire with an attention deficit disorder, imposing ever more unrealistic timescales on its overseas interventions. Worse, it’s an empire in denial—a hyperpower that simply refuses to admit the scale of its global responsibilities. And the negative consequences will be felt at home as well as abroad. In an alarmingly persuasive final chapter Ferguson warns that this chronic myopia also applies to our domestic responsibilities. When overstretch comes, he warns, it will come from within—and it will reveal that more than just the feet of the American colossus is made of clay.

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Reviews

BookBrowse Review

BookBrowse

This is a not a light-weight, quick read - but it is well worth it nonetheless. Even if you don't feel compelled to buy the book itself, the next time you're in a bookstore I encourage you to invest 15 minutes into reading the introduction in full (part of which is excerpted at BookBrowse), because the intro outlines the arguments that Ferguson details more fully in the remainder of 'Colossus' and is a thought provoking read in its own right...continued

Full Review (333 words)

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(Reviewed by BookBrowse Review Team).

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Beyond the Book



Niall Ferguson is Herzog Professor of Financial History at the Stern Business School, New York University, and Senior Research Fellow at Jesus College, Oxford University. Born in Glasgow, Scotland in 1964, he lives in New York and Oxfordshire, England.

A partial bibliography:

  • The Cash Nexus: Money and Power in the Modern World, 1700-2000
  • Empire: The Rise and Demise of the British World Order and the Lessons for Global Power
  • The Pity of War: Explaining WWI
  • The House of Rothschild (2 books)
One small note of interest, when I checked bookseller rankings last year, when the book was released in hardcover, 'Colossus' was selling better in the UK (...

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