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Three Billion New Capitalists: The Great Shift of Wealth and Power to the East

by Clyde V. Prestowitz Jr.
₱737.55
Three Billion New Capitalists: The Great Shift of Wealth and Power to the East
Three Billion New Capitalists: The Great Shift of Wealth and Power to the East

Reveals global power shift, challenges U.S. dominance.

This book serves as a wake-up call for anyone attuned to global economic dynamics. Clyde Prestowitz provides a thoughtful analysis, capturing how the rise of billions of new capitalists in Asia is redrawing the global power map. It's a must-read if you’re keen to understand the real-world geopolitical shifts and their profound implications on western hegemony.

Three Billion New Capitalists: The Great Shift of Wealth and Power to the East

by Clyde V. Prestowitz Jr.
₱737.55
ISBN: 9780465062812
Authors: Clyde V. Prestowitz Jr.
Publisher: Basic Books
Date of Publication: 2005-05-03
Format: Hardcover
Goodreads rating: 3.71
(rated by 114 readers)

Description

By the beginning of this century it was already commonplace to speak of the U.S. as a “hyperpower,” to talk of its military, political, and economic clout as unprecedented in world history, and to assume that American dominance would continue at least throughout our lifetimes. It is conventional wisdom that America will have no serious rivals for at least a generation. But the American position is far more fragile and ephemeral than much of the world believes. Clyde Prestowitz shows the powerful yet barely visible trends that are threatening to end the six-hundred-year run of Western domination of the world. The trends include America’s increasingly unsustainable trade deficits; the equally unsustainable (and dangerous) buildup of massive dollar reserves in places like Japan and China; the end of America’s position as the world’s premier center for invention and technological innovation; the sudden entrance of 2.5 billion people in India and China into the world’s skilled job market; the role of the World Wide Web in permitting many formerly localized jobs to be done anywhere in the world; and the demographic meltdown of Europe, Japan, Russia, and, in later decades, even China. Three Billion New Capitalists is a clear-eyed and profoundly unsettling look at America’s and the world’s economic future, from an author with a history of predicting the important trends long before they become apparent to others.
Condition guide

Book Condition Guide

Books in Like New Condition

This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Very Good Condition

This book has been used, but it is still in a clean condition. There should be no foxing or annotations of any kind on the inner pages, but a sparse amount may be present on the cover, title pages, or outside edges of the book. There should be no water damage of any kind. For paperbacks, there may be light crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Good Condition

We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Well Read Condition

This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

 

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Reveals global power shift, challenges U.S. dominance.

This book serves as a wake-up call for anyone attuned to global economic dynamics. Clyde Prestowitz provides a thoughtful analysis, capturing how the rise of billions of new capitalists in Asia is redrawing the global power map. It's a must-read if you’re keen to understand the real-world geopolitical shifts and their profound implications on western hegemony.