The text quotes Henry Luce of Life magazine as saying, in 1950, "In the American Century, the new superpower [i.e., the United States] would not only do well, but also do good." He claimed that "the needy will be taken care of; they will be the first charge of the economy." Was Luce's predictions accurate? Has the United States not only done well with the wealth it has accumulated since World War II, but also done good? Why or why not?
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