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

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Basic Books, 2006 - Business & Economics - 320 pages
3 Reviews
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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Review: Three Billion New Capitalists: The Great Shift of Wealth and Power to the East

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Great book about the shifting trends of economies, but goes into a little too much detail about economic theories Read full review

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About the author (2006)

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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