The War for Wealth: The True Story of Globalization, or Why the Flat World is Broken
A LIBRARY JOURNAL 2008 BEST BUSINESS BOOK OF THE YEAR!
Globalization. The Flat World. Outsourcing. Free Trade.
Each of these phrases is a flashpoint in one of the most heated debates of our lifetime: Is globalization a force for good, or is it a policy that is sure to destroy the economic foundation of the United States and Europe while exporting our wealth and prosperity overseas?
In The War for Wealth, leading intellectual and agenda-setting journalist Gabor Steingart examines how globalization has affected the state of the world's economy and returns with a bleak outlook for the West: our prosperity and wealth are disappearing faster than ever, and with it our political power and our long-held democratic ideals. But all is not lost; we can still stem the flow of capital and jobs and once again restore the West to its respected position of global leader in economics and politics.
In this eye-opening and dramatic account, Steingart lays out the three potential scenarios the world faces - a “shock scenario” in which there is a global economic crash, an “Asia-over-all scenario” where the rising economies of Asia completely overtake the West, or the “American renaissance scenario” in which U.S. politicians unite with each other and with Europe, forming a pragmatic third way to bring the West back from the brink of destruction.
Compelling, controversial, and thought-provoking, The War for Wealth alerts readers to the crucial state of the Western economy--and shows how leaders can return the West to its position of power in the global arena.
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The war for wealth: the true story of globalization or why the flat world is brokenUser Review - Not Available - Book Verdict
Thomas Friedman's The World Is Flat synthesized academic work on globalization into a book for everyone. Now Steingart (Washington, DC, correspondent, Der Spiegel) examines the dark side of ... Read full review
Author is overwhelmed by rising affluence and flow of money in India and China. But as per my understanding, corruption and mismanagement are deep rooted in public establishment in these countries and gradually percolating in private organizations also. They are the major pull-back factors. You cannot change the work culture by just flow of money through FDI. I think west can renovate itself through foresight and strong work culture. As an example, it will take decades and so to have Harvard like education institute with strong research culture to come up in these countries.
The Dress Rehearsal for Globalization
A Final Appraisal
The Asian Challenge
Chapter 5 The Flat World is Broken
A Threat to World Peace?
Its a Journey Not a Destination
The Market has No Brain