The United States as a Design-Engineering State

The United States emerged as a result of the split of the black Venetian aristocracy into old (British) and new (American) branches the latter characterized by the confrontation between globalist and divided national elites. In this sense the U.S. represents a design state created by the supranational administration represented by the Global Predictor to perform the functions of the world gendarme. Based on this fact the author analyzes the main processes of political economic and social development of the USA after 1945 the characteristic features of American capitalism. Econometric analysis covered 70 years between 1950 and 2020. It was conducted mainly using a general or world model with an embedded mechanism of technological progress. This endogenous Caldor-type growth model accounts not only for physical and human capital but also for time in its role as the event space of creative economic activity. It was developed as a result of a world economic study based on statistical data of 131 countries. This allowed the author to compare the total factor efficiency of the American economy with the world level.