The often disappointing results of decolonization have bred a revisionism that forgets why colonialism was discredited in the first place. The British historian Niall Ferguson became an outstanding popularizer of this current with the publication of Empire: How Britain Created the Modern World and Colossus: the Rise and Fall of the American Empire. Written as if to teach us statesmen and citizens how to be good imperialists, they have become bestsellers, and an obligatory reference point in debates on empire. Their author—who in an important earlier work, The Pity of War, had shone a withering spotlight on the patriotic militarism of the Great War—has gone in quick succession from Oxford to New York University, and thence to Harvard.

Ferguson’s attention to economic history is welcome, since it is a sub-branch of the discipline ignored only at great intellectual cost. He is more cautiously to be commended for calling empire by its name. He believes that Britain invented capitalism and, with it, what he sees as the most valuable ideas and institutions of the modern world—the English language, private property, the rule of law, parliamentary structures, individual freedom and Protestant Christianity. Admirers would see inclusion of Protestantism as an example of impish fun, tweaking the tail of the politically correct, but we can be sure that Ferguson is quite serious. The complacent British self-regard of Empire easily segues into endorsement for American national messianism in Colossus, with the Anglo-American imperial formula—which he dubs ‘Anglobalization’—offering the colonized the best hope of capitalist success. As a historian of the English-speaking peoples Ferguson seeks to rescue Winston Churchill’s account from its contemporary entombment in countless forbidding leather-bound volumes. He offers a pacier narrative, garnished with good quotes from the great man; but the neo-conservative gloss he adds to the Churchillian vision would surely have inspired reservations in someone who, after all, helped to found Britain’s welfare state. By contrast, Ferguson sternly insists in Colossus that if the us is to make a success of empire it will have to cut social programmes to the bone.

Ferguson’s claim about the decisive contribution which empire makes to development is meant to hold for the future as well as the past. But the evidence he relies on is very selective: the only empires he really has time for are those of Britain and the United States. His failure to introduce any proper comparative dimension is in striking contrast to the serious attention he gives to all the major belligerents in The Pity of War. While he exhibited a command of a wide range of German and Austrian sources in that book, the bibliographies of Colossus and Empire do not include a single work not in English. The overall decline in the quality of Ferguson’s work between Pity and these two later books is a performative rebuttal of his faith in the magic of the market, since they were hastily produced in response to demand.

While good yarns make Empire readable, Ferguson misses, or misconstrues, crucial aspects of imperial logistics and political economy. It is quite a feat to write the history of the British empire and omit any real discussion of the Royal Navy during the critical period 1650–1815. This is Henry v without the battle of Agincourt. Only a quite modern state could have built, manned and supplied a permanent force of over a hundred ships of the line. If Ferguson has consulted the work of N. A. M. Rodgers—an author whose outlook he would find very congenial—he could have given readers a glimpse of what life aboard an 18th-century warship was really like and explained why the British outgunned the French. And if he had consulted Robert Brenner’s Merchants and Revolution and John Brewer’s Sinews of Empire—authors he might find less congenial—he could have achieved a better grasp of the economic foundations. Likewise, Ferguson gives a lively sketch of the us empire in the days of ‘manifest destiny’ and the ‘big stick’ in the early chapters of Colossus, but pays little attention to the huge diplomatic and economic effort that subsequently went into the construction of a global chain of military bases (an aspect well covered by Chalmers Johnson in Sorrows of Empire). The suspicion grows, confirmed by his enthusiasm for Bush’s invasion of Iraq, that Ferguson, like other neo-conservatives, is seduced by the romance and rhetoric of empire, but when it comes to its logistics and economic rationale he is in denial.

The rhetoric and romance are dark-hued. Ferguson allows that Anglo-American empire involved much destruction and atrocity—but with ultimately beneficial results. His case is that dragging the world into modernity was—is—bound to be a very difficult and ugly proceeding. Those on the receiving end of Anglo-American imperialism are lucky since at least British and American imperial tutelage proved more benign than that of other modern empires, such as the Germans, the Japanese, the Soviets, or even the French, Portuguese and Spanish—though little is heard of these. If you could find an Algonquin or native Tasmanian descendant they would probably not agree. Ferguson does not shrink from considering the crimes of colonization—one chapter in Empire is called ‘White Plague’—but he constructs a sort of cosmic balance sheet in which, as with the Bank of England in its heyday, the credits comfortably outweigh the liabilities; the empire’s misdeeds are redeemed by its eventual achievements. Someone had to foster the advance of capitalism and representative institutions, and the international order has to be policed by someone. Surely John Bull and Uncle Sam did—and do—a better job than any likely alternatives?

Ferguson more than once reminds us of the culminating moment, justifying all that had gone before, when the British empire stood alone against Nazi barbarism. His apology for the imperial past is projected into an unending future, as if we were forever frozen in the year 1940, facing the grim alternatives that were then present. (There are, of course, still many Britons—some, like Ferguson, not even born in 1940—who will go to their graves stammering about the ‘finest hour’.) While he rightly draws attention to the imperial nature of Britain’s war effort he fails to register the growing disenchantment with empire of many Britons, especially soldiers—as witness the proceedings of the Cairo ‘armed forces parliament’ in 1944.

The empires of the modern period slighted the humanity of subject peoples, and sacrificed the latter to the insatiable demands of a capitalist accumulation process. In these respects they marked a step down from their supposed model, since Rome did not foster racial hierarchy, did not expose peoples’ livelihoods to market forces and eventually extended citizenship to all. Ferguson sees it differently. He admits that Britain’s ‘first empire’ was marred by pillage and rapine, with a swollen slave trade from Africa, looted cities in the Americas and horrendous famine in Bengal. But the settlement of the North American littoral was a great achievement and a more responsible imperialism, born in the 1780s, was able to purge the empire of its early excesses and to discover more graceful ways of letting go than were in evidence in 1776.