America is in decline. China is on the rise. Why am I optimistic about the American future? I don’t think we need to make a case that America is not as strong as it should be. Massive failures in our institutions including banking, industry, education, and government while we take on record amounts of public and private debt. Federal deficits, trade deficits, and balance of payment deficits are the normal state of economics along with European lite unemployment and underemployment rates. We are to the point of monetizing the debt. Not only is America in economic distress, it is in cultural decline as well. The family is breaking down. Marriage is cracking under the strain of a free sex culture that can’t even define marriage. Our future is being aborted everyday. A litany of foreign entanglements and wars is draining our treasury and attention from our domestic problems. Our heritage of liberty is under daily assault. In economics, Stein’s Law says basically that something that cannot continue for ever won’t. Our current path cannot be sustained therefore it won’t be. What is there to be optimistic about? I believe everything. All through American history, we have reached junctures where people thought America was failing and would not meet the challenge ahead. Each time we reinvented ourselves and overcame while emerging stronger than before. What are the 5 American Revolutions? First was the rise of the Constitution after we nearly broke up after the Articles of Confederation; Second the Civil War; Third era of progressivism and big institutions; Fourth, The Reagan Revolution ending the Cold War and stagflation; and now we are on the verge of the fifth American Revolution, the rise of the connected individual. From Cairo to Beijing to Sidney to Brussels, to D. C. governments globally (indeed societies) being transformed by the power of a new type of individualism. In the 19th Century we spoke of rugged individualism. In the 21st century, I see the rise of the connected individual. Any person with a smart phone combined Facebook, Twitter, and YouTube accounts can potentially project a compelling message that can rock their world. Big institutions are losing their grip. Big corporations have trouble competing with more nimble, smaller competitors. Big government cannot keep up with the dynamic solutions of individual led non-profits, neighborhood groups, churches, and small businesses. Big education is getting dusted by more nimble charter schools, private schools, and home schools hence the effort to initiate a global control of the curriculum with Standardized testing and Common Core. Big labor seems to be disappearing in the private sector and its excesses are undermining it even in the public sector where it is still strong. Even big religion is struggling to retool to compete with smaller and more individualistic offshoots. Technology was supposed to lead to an easier domination by the state. Remember 1984? Something happened. Government cannot invent very well. Individuals can. The technology was mostly advanced by individuals and entrepreneurship. Yes, governments are reacting to attempt to gain control over the Internet. They will not succeed. That fact will save the world. What nation is best suited by culture and history to emerge on top in the new era of the connected individual? America is. We are the locus of individualism. The counter revolution of big government is bound to fail. When the emerging Conservative, Libertarian majority grows more mature as a movement, you will see a revolution of prosperity and liberty unseen in global history. America’s best days are ahead not behind. Even now the shoots of a new crop of Americanism are emerging across the landscape as communities grapple with economic decay, crime, and old infrastructure. New solutions to these old problems are being forged in the reality of life and the ability to share and communicate will allow replication, adaptation, and improvement at the speed of ideas. No nation is better poised to change. We retool regularly so world, watch out; Americanism 5.0 is emerging.