The War For Wealth The True Story Of Globalization Or Why The Flat World Is Broken

A LIBRARY JOURNAL 2008 BEST BUSINESS BOOK OF THE YEAR! 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.

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.

List of Figures. Preface. 1. Globalization I: Liquids, Flows, and Structures. Some of the Basics. From Solids to Liquids (to Gases). Flows. Does Globalization Hop Rather Than Flow? Heavy, Light, Weightless. Heavy Structures That Expedite Flows. Heavy Structures as Barriers to Flows. Subtler Structural Barriers. Structure and Process. On the Increasing Ubiquity of Global Flows (and Processes) and Structures. Thinking About Global Flows and Structures. Chapter Summary. 2. Globalization II: Some Basic Issues, Debates, and Controversies. Is There Such a Thing as Globalization? If There Is Such a Thing as Globalization, When Did It Begin? Globalization or Globalizations? What Drives Globalization? If There Is Such a Thing as Globalization, Is It Inexorable? Does Globaphilia or Globaphobia Have the Upper Hand? If Globalization Is Not Inexorable, Has It Gone Too Far? What, if Anything, Can be Done About Globalization? Chapter Summary. 3. Globalization and Related Processes I: Imperialism, Colonialism, Development, Westernization, Easternization. Imperialism. Colonialism. Development. Westernization. Easternization. Comparisons with Globalization. The Era of the "Posts". Chapter Summary. 4. Globalization and Related Processes II: Americanization and Anti-Americanism. Clarifying Americanization. Some Useful Conceptual Distinctions. America's Logistical Technologies. A Broader and Deeper View of the Americanization of Consumer Culture. An American Empire? Minimizing the Importance of Americanization. Anti-Americanism. Post-Americanization. Chapter Summary. 5. Neo-Liberalism: Roots, Principles, Criticisms, and Neo-Marxian Alternatives. The Past, Present, and Future of Neo-Liberalism. Neo-Liberalism: An Exemplary Statement and the Basic Principles. Popular Neo-Liberal "Theory": The Case of Thomas Friedman. Critiquing Neo-Liberalism. Neo-Liberalism as Exception. Neo-Liberalism: The Case of Israel The End of History. The Death of Neo-Liberalism? Neo-Marxian Theoretical Alternatives to Neo-Liberalism. Chapter Summary. 6. Global Political Structures and Processes. On Political Processes and Flows. The Nation-State. Threats to the Nation-State. In Defense of the Nation-State. "Imagined Community". Changes in Global Nation-State Relations. Other Global Political Developments and Structures. Regional Political Organizations. Global Governance. Civil Society. Other Players. Chapter Summary. 7. Structuring the Global Economy. Before Bretton Woods. Bretton Woods and the Bretton Woods System. The End of Bretton Woods. Changes in, and Critiques of, Bretton-Woods-Era Organizations. Organization for Economic Cooperation and Development (OECD). European Union (Common Market). North American Free Trade Agreement (NAFTA). MERCOSUR. OPEC. The Multinational Corporation (MNC). World Economic Forum. The Myth of Economic Globalization? Chapter Summary. 8. Global Economic Flows: Production and Consumption. Trade. Increasing Competition for Commodities. The Economic Impact of the Flow of Oil. Race to the Bottom and Upgrading. Outsourcing. Financial Globalization. Corporations, People, and Ideas. Consumption. Chapter Summary. 9. Global Culture and Cultural Flows. Cultural Differentialism. Cultural Hybridization. Cultural Convergence. Cultural Imperialism. Chapter Summary . 10. High-Tech Global Flows and Structures: Technology, Media, and the Internet. Technology. Media. The Internet. Chapter Summary. 11. Global Flows of People: Vagabonds and Tourists. Migrants. Migration. Tourists and Tourism. Chapter Summary. 12. Global Environmental Flows. Differences among Nation-States. Collapse. The Leading Environmental Problems. Global Responses. Chapter Summary 13. Negative Global Flows and Processes: Dangerous Imports, Diseases, Crime, Terrorism, War. Dangerous Imports. Borderless Diseases. Crime. Corruption. Terrorism. War. The Impact of Negative Global Flows on Individuals. Chapter Summary. 14. Global Inequalities I: Patterns of Inequality. Inequality. Rural-Urban. Chapter Summary. 15. Global Inequalities II: Global Majority-Minority Relations. Majority-Minority Relations in a Global Context. Social Definitions. Race and Ethnicity. Ethnicity. Race. Gender. Children. Sexual Minorities: Gays and Lesbians. Responding to and Resisting Minority Status: The Case of Women. Chapter Summary. 16. Dealing with, Resisting, and the Futures of, Globalization. Dealing with Globalization. Resisting Globalization. The Futures of Globalization. Chapter Summary. Appendix: Disciplinary Approaches to Globalization. Anthropology. Sociology. Political Science. Economics. Geography. Psychology. Literary Criticism (Postcolonial). Other Fields. Glossary. Index.

Asia's rising power and wealth offer its many oppressed ethnic minorities hope for greater political freedom and an end to violence. But the reality of this hope is cast into doubt by acute separatist conflict. This book provides fresh and factual assessments of separatist struggles and prospects for conflict resolution in eight countries of Asia.

The development of the Chinese MNC is a new feature of globalization, one that will undoubtedly change the world. Why Chinese firms internationalize, how they do so, and what the impact of their internationalization on developed markets will be are the foci of this book.

Management as we know it has been the driver of business growth in U.S. economies for a couple of centuries. Yet the practice of management is no longer focused on creating real value. Instead, it is now all about using sophisticated financial techniques-and practices like outsourcing and downsizing, among others—to improve profitability. Such addition through subtraction results in higher profits in the short term but puts the corporation and its employees at risk in the long term—not to mention the entire U.S. economy. Innovation and productivity improvement, corporate manager Jack Buffington argues, are lost arts in American business. So is getting back to basics the answer? Buffington's provocative thesis: Management as we know it probably can't be repaired. It must be replaced. Asian economies, meanwhile, are growing by leaps and bounds thanks in part to short-term, ill-advised decisions made by U.S. managers. Local companies and divisions of multinational organizations in emerging countries are on track to eventually overtake those of the West, putting our job base and prosperity at peril. If we want to bring manufacturing jobs back here to the U.S., corporate managers must seek productivity and innovation improvements in U.S. operations. Jack Buffington knows all too well how quickly things can go downhill for U.S. businesses. Turned into a relentless cost-cutter by the forces of globalization and Wall Street's expectations for short-term gains, he—like thousands of other U.S. executives—has watched some of the companies he's worked for disappear for want of real value. Whereas America once prized managers who displayed skill in optimizing the interplay of capital, labor, and technology to grow a company, today's professional manager is rewarded more often for being a cost cutter than an innovator. Fortunately, this book not only outlines the problem, it outlines the solution as well by establishing a 21st-century definition of management that will succeed in today's global economy. Rather than angling to produce a penny more of earnings per share to please the financiers, corporate managers will see once again how to use their ingenuity to produce products, services, and business processes that not only provide generous profits but sustain a business—and its jobs—for years to come. By heeding Buffington's call, the U.S. can rekindle its zeal for innovation, leading to an era in which consumers, workers, investors, and managers all prosper.

Modern China and the New World focuses upon a few of the main topics associated with China's recent rise to global prominence. Dr. Randall Doyle discusses the impact that China will have on the geopolitical balance throughout the Asia-Pacific region, as well as the effect of China's new power on U.S.-China relations in the 21st century. Dr. Zhang Boshu addresses China's continuing struggles with Tibet and the Dalai Lama. He also discusses the existing political system within China today and the future possibility of democratic reforms occurring and transforming Chinese society itself. Modern China and the New World presents these important topics by incorporating not just traditional reading and research, but also integrating the personal experiences of the authors.

In 2018, Australia finds itself at the center of a geopolitical storm within the Indo-Pacific region. With the meteoric rise of China and the perceived decline of U.S. influence and power in East Asia, Australia is faced with some rather difficult and uncomfortable questions concerning its economic future and its national security. Historically, Australia has always had a major power as its key ally, especially in terms of its national security. In 1901, Australia became a self-governing nation. However, Great Britain continued to protect Australia from potential external enemies, because Australia remained an important and valued commonwealth nation within the British empire. However, at the beginning of the Pacific War during WWII, Australia reached out to America after the British colony Singapore collapsed in the face of the oncoming and powerful Japanese imperial military forces in February 1942. With the empire of Japan marching southward in the Pacific region, Australian prime minister John Curtin anxiously requested, in late-December 1941, that America come save the nation from being invaded by the Japanese imperial army and naval forces. Due to its own strategic needs against Japan, the U.S. agreed to send its military forces to Australia. Thus, began a geostrategic relationship that has lasted for seventy-five years. Hence, Australia has remained one of America's most reliable allies throughout the post-WWII era. But, at the end of the second decade of the 21st century, the geostrategic dynamics of the Indo-Pacific have changed dramatically. China's unprecedented rise to power— economically, militarily and diplomatically—has forced Australia to reevaluate its policies and position within the East Asian hemisphere. And, to further complicate Australia's current predicament, America itself is experiencing a major political upheaval with the stunning election of Donald Trump as its new president in 2016. Henceforth, Australia increasingly finds itself in uncharted waters—geopolitically. Australians are confronted with the irrefutable reality that they are living not only in the most pivotal region of the world, but one that is in the midst of an historic transformation. In essence, Australia finds itself at the center of a geostrategic storm.