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

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Basic Books, Mar 22, 2007 - Political Science - 336 pages
American superiority is deteriorating faster than you think. Powerful trends are converging to rapidly shift wealth and power to Asia-and, as acclaimed international trade expert Clyde Prestowitz shows, geopolitical clout will follow economic strength. Now we have to cope with the fallout. How will we deal with a world in which the dollar is no longer the dominant currency, the United States is no longer the dominant power, and people in Slovenia, Singapore, and Seattle are all competing for the same work on the same terms? Three Billion New Capitalists is a clear-eyed and profoundly unsettling look at America's and the world's economic future.
 

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User Review  - chyde - LibraryThing

slightly alarmist, but a good overview. some hilarious policy hopes though--I'm sure any day now the Japanese will give up the yen and join the dollar bloc. Yeah, right. Read full review

Contents

II
1
III
22
IV
43
V
58
VI
79
VII
106
VIII
135
IX
150
X
164
XI
195
XII
224
XIII
254
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About the author (2007)

Clyde Prestowitz is President of the Economic Strategy Institute in Washington, D.C., and is the author of Trading Places and Rogue Nation. He lives in Potomac, Maryland.

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