This is a useful survey of the USA's society and economy by Godfrey Hodgson, a British journalist and author, who is an Associate Fellow at the Rothermere American Institute at Oxford University.
Chapters deal with politics and the Constitution, the economy, immigration, technology, women, slavery and race, the frontier, society, foreign policy, the world and the new century. He explodes the myth that the market, not the government or the universities, built the Internet.
What he calls the `conservative ascendancy' is really just corporate power leading to a corporate state. All the polls show that the American people have far saner views than either wing of the capitalist party. But in the USA, money talks, so much so that its courts now hold that the First Amendment's protection of free speech protects the absurdly high levels of election spending.
The ruling class has turned the USA into the most unequal of all developed countries: its great and growing inequality means that it has the least opportunity, the least social mobility and the fewest escapes from poverty. The USA is failing economically: average wages were 10% lower in 1999 than in 1973. In 2000, it had lower annual incomes per head than Norway, Switzerland, Denmark, Finland, Sweden and Luxembourg. Between 1960 and 2000, productivity grew more slowly in the USA than in Britain, France or Italy.
Hodgson raises, but does not answer, the question why, after the Soviet Union's suicide, world peace and prosperity did not ensue. What caused the wars and slumps of the 1990s? The Soviet Union's demise proved that it was not the Soviet Union that prevented peace and prosperity, but capitalism.