Building Wealth: The New Rules for Individuals, Companies, and Nations in a Knowledge-Based Economy

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Harper Collins, Jul 3, 2000 - Business & Economics - 336 pages
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There is no doubt that we are in the middle of a transition to a knowledge-based economy. Breakthrough technologies in microelectronics, biotechnology, new materials, telecommunications, robotics, and computers are fundamentally changing the game of creating wealth. While these new industries are growing explosively, existing industries such as banking and retail are being transformed beyond recognition. As a result, a new global economy is emerging to replace existing national economies.

What will it take for individuals, companies, and entire countries to succeed in the new economics of the twenty-first century? Rather than focusing on spending, Lester C. Thurow argues that we must emphasize investment in basic knowledge, education, and infrastructure. Only by committing ourselves to building communal wealth can we maximize opportunities for building personal wealth as well. Building Wealth is an indispensable guide to surviving -- and thriving -- in the economies of the twenty-first century.

 

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Building wealth: the new rules for individuals, companies, and nations in a knowledge-based economy

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The U.S. economy surged past those of Europe and Japan in the last decade in terms of the creation of jobs and market wealth. According to best-selling author and MIT economist Thurow (The Future of ... Read full review

Contents

11Missing Treasures
Part Four
12Managing the Tensions of Wealth Creation
13Building a Wealth Pyramid
A Salute to the Builders
Endnotes
Searchable Terms
Acknowledgments

6Creating Knowledge
7Skills
8Tools
9Natural and Environmental Resources
Part Three
10Marketable Wealth
About the Author
Also by Lester C Thurow
Copyright
About the Publisher
Copyright

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About the author (2000)

Lester C. Thurow is the Lemelson Professor of Management and Economics at the Massachusetts Institute of Technology, where he has taught since 1968. From 1987 through 1993 he was dean of MIT's Sloan School of Management. His previous books include the New York Times bestsellers The Zero-Sum Society and The Future of Capitalism.

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