American Theocracy by Kevin Phillips
“The Peril and Politics of Radical Religion, Oil and Borrowed Money in the 21st Century”
Rating 4 stars out of five
Updated 2006 paperback edition
Short Summary:
One of the best books I have read on the impending fall of the US Empire, pulling in excellent and thoughtful historical research. The author also is aware of the implications of Peak Oil.
Review:
I was in NYC and needed a book to read on the plane back to London. Something about the title grabbed me and this book did not disappoint.
Kevin Phillips’ thesis is that the US Empire is not unique, and it is treading a well-worn path of imperial decline and collapse following the Roman, Hapsburg-Spanish (1400s – 1600s), Dutch (17th Century), and British Empires (18th and 19th Century).
The factors which bring each empire down are:
A popular sense of national decay – economic, moral or patriotic.
An intensification of religion (I was a little surprised at this relating to the British Empire but Phillips makes a very cogent case)
The conflict between faith and science, which blunts the Empire’s technological edge.
Imperialism and military overreach – a no brainer, there’s ample evidence that imperial wars drain even the biggest treasury and were a major factor in the decline of all four empires.
The burden of excessive debt – not comparable in Rome, but the other three empires were broken by debt.
The decline of industry and the rise of finance – “financialization” – where instead of manufacturing, the country relies on banking and financial shenanigans for its income, economists may call this a “mature” system, but without industry, the country is going to go down the tubes.
Reliance on one innovative energy source: applicable only to Dutch, British and US empires, Phillips shows that the Dutch mastered water and wind technology for ships and windmills, then the British supplanted them using coal, while the US’s oil reserves powered it to the top of the heap more recently. [Peakers will note that EROI is going up each time]
“The economic, military, and financial parallels between America today and previous leading world powers are eerie” [P.96]
I’m rather simplifying a brilliantly-argued book. The author does seem to accept Peak Oil theory and he is a middle-of-the-roader: could be in this decade, might be 2025, but he cites people like Michael Meacher and ASPO. He is well aware of the complete dependence of the US on oil and how short-sighted this is. He also cites the euro rival to the petrodollar as one cause of the invasion of Iraq.
The bits about religious dogma eroding science competence, debt, and financialization struck home not just about the US, but also my country, the UK: (not quite the religious dogma bit, although Blair is a noted god-botherer, and propagates faith schools) but the erosion of science – Britain is producing few science graduates, is in debt, and manufacturing industry has been thinned out in favour of various financial wheeler dealings. I think the remains of the British Empire has further to fall…..
I thoroughly recommend this book. It is a bit of a brown-trouser read, though. The only criticism I can make is that the author quotes voting at the recent US elections as determining various trends, he does not acknowledge at all that 2000 and 2004 were stolen.





