U.S. is Well-Positioned to Navigate the Exhilarating Changes Coming Because Change is Our Home Field

Walter Russell Mead writing in today's WSJ, "The Future Still Belongs to America":

 

"It is, the pundits keep telling us, a time of American decline, of a post-American world. The 21st century will belong to someone else. This fashionable chatter could not be more wrong. Sure, America has big problems. But what is unique about the United States is not our problems. Every major country in the world today faces extraordinary challenges—and the 21st century will throw more at us. Yet looking toward the tumultuous century ahead, no country is better positioned to take advantage of the opportunities or manage the dangers than the United States.

The great trend of this century is the accelerating and deepening wave of change sweeping through every element of human life. Each year sees more scientists with better funding, better instruments and faster, smarter computers probing deeper and seeing further into the mysteries of the physical world. Each year more entrepreneurs are seeking to convert those discoveries and insights into ways to produce new things, or to make old things better and more cheaply. Each year the world's financial markets are more eager and better prepared to fund new startups, underwrite new investments, and otherwise help entrepreneurs and firms deploy new knowledge and insight more rapidly.

Scientific and technological revolutions trigger economic, social and political upheavals. Industry migrates around the world at a breathtaking—and accelerating—rate.  Each year the price of communication goes down and the means of communication increase.

New ideas disturb the peace of once-stable cultures. Young people grasp the possibilities of change and revolt at the conservatism of their elders. Sacred taboos and ancient hierarchies totter; women demand equality; citizens rise against monarchs. All over the world more tea is thrown into more harbors as more and more people decide that the times demand change.

This tsunami of change affects every society—and turbulent politics in so many countries make for a turbulent international environment. Managing, mastering and surviving change: These are the primary tasks of every ruler and polity. Increasingly these are also the primary tasks of every firm and household. 

This challenge will not go away. On the contrary: It has increased, and it will go on increasing through the rest of our time. The 19th century was more tumultuous than its predecessor; the 20th was more tumultuous still, and the 21st will be the fastest, most exhilarating and most dangerous ride the world has ever seen.

Everybody is going to feel the stress, but the United States of America is better placed to surf this transformation than any other country. Change is our home field. It is who we are and what we do. Brazil may be the country of the future, but America is its hometown.

Happy Fourth of July."