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The True Story of Globalization, or Why the Flat World is Broken
McGraw-Hill
April 2008
On Sale: April 4, 2008
304 pages
ISBN: 0071545964
EAN: 9780071545969
Hardcover
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Non-Fiction
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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