The U.S.A.: Still unrivaled

  @FortuneMagazine March 21, 2013: 7:34 AM ET
OUT08 american century

I think all Americans can agree that we've been through a tough patch. There was the recession. The housing collapse. The stupidity of those to whom we entrusted our money, the flatulence of our political leadership. But perhaps the most difficult thing to take was the tsunami of predictions we had to endure about how the American Century was over, that there were other places in the world that would now pick up the standard and march off to a different kind of music entirely.

Isn't it amazing how much of what you read and hear turns out to be nonsense? To this category let us now consign the whole "End of the American Dream" story line. It's a new century. And as we consider in this issue the entire question of historic competitions, one thing stands clear: This particular macro-corporation is still unrivaled.

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