The betrayal of American prosperity: free market delusions, America's decline, and how we must compete in the post-dollar era

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Pub. Date:
2010.
Language:
English
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Critically acclaimed author Clyde Prestowitz reveals the shocking extent of the deterioration of American economic strength that has put the United States on the brink of irreversibly losing our supremacy on the world stage and our prosperity at home. While the financial crisis has been a devastating blow, he shows that the wreckage of our economic might started much earlier. If we do not make decisive changes fast, he reveals, we will face the daunting challenges of living in a post-dollar world: wielding less and less power over world affairs, vulnerable to rising security threats, and left with a permanently lower standard of living. There is nothing inevitable about this slide, he argues, but fighting back will require recognizing--and reversing--a glaring set of errors made by our business and political leaders due to ideological adherence to deeply flawed doctrines of always-efficient markets and the purely positive effects of globalization. Providing a masterful history of the rise and decline of the brilliant "American way" of building our prosperity, Prestowitz pinpoints exactly the set of ill-fated steps by which, starting in the 1970s, we turned away from the very strengths that had brought us to world leadership, gutting our capacity to produce truly first-rate, cutting-edge products and going massively into debt. He then lays out the urgent steps we must take to come booming back. "The Betrayal of American Prosperity" is an indispensable contribution to the urgent debate about the future of the American economy and our role in the world.
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ISBN:
9781439119792
9781400197446
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full_title betrayal of american prosperity free market delusions americas decline and how we must compete in th
author prestowitz clyde v
grouping_category book
lastUpdate 2017-01-17 04:20:21AM

Solr Details

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auth_author2 Synnestvedt, Erik.
author Prestowitz, Clyde V., 1941-
author-letter Prestowitz, Clyde V.,
author2 Synnestvedt, Erik., hoopla digital.
author2-role Synnestvedt, Erik.|Narrator, hoopla digital.
author_additional Clyde Prestowitz.
author_display Prestowitz, Clyde V
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display_description Critically acclaimed author Clyde Prestowitz reveals the shocking extent of the deterioration of American economic strength that has put the United States on the brink of irreversibly losing our supremacy on the world stage and our prosperity at home. While the financial crisis has been a devastating blow, he shows that the wreckage of our economic might started much earlier. If we do not make decisive changes fast, he reveals, we will face the daunting challenges of living in a post-dollar world: wielding less and less power over world affairs, vulnerable to rising security threats, and left with a permanently lower standard of living. There is nothing inevitable about this slide, he argues, but fighting back will require recognizing-and reversing-a glaring set of errors made by our business and political leaders due to ideological adherence to deeply flawed doctrines of always-efficient markets and the purely positive effects of globalization.Providing a masterful history of the rise and decline of the brilliant "American way" of building our prosperity, Prestowitz pinpoints exactly the set of ill-fated steps by which, starting in the 1970s, we turned away from the very strengths that had brought us to world leadership, gutting our capacity to produce truly first-rate, cutting-edge products and going massively into debt. He then lays out the urgent steps we must take to come booming back. The Betrayal of American Prosperity is an indispensable contribution to the urgent debate about the future of the American economy and our role in the world.
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edition 1st Free Press hardcover ed., Unabridged.
era 21st century
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geographic China Foreign economic relations United States, United States Commercial policy, United States Economic conditions 21st century, United States Economic policy, United States Foreign economic relations China
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id aedcd7db-c633-a873-f941-40a13c6a84e6
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physical 1 online resource (1 audio file (13hr., 30 min.)) : digital., 337 p. ; 24 cm.
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publishDate 2010
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subject_facet China -- Foreign economic relations -- United States, United States -- Commercial policy, United States -- Economic conditions -- 21st century, United States -- Economic policy, United States -- Foreign economic relations -- China
table_of_contents All fall down -- How America really got rich -- America tracks Britain -- Goldilocks and bubbles -- False doctrines, false prophets -- Free trade: God's diplomacy -- Companies without a country -- The great American habit -- The state we're in -- The way out.
target_audience Adult
target_audience_full Adult
title The betrayal of American prosperity : free market delusions, America's decline, and how we must compete in the post-dollar era
title_display The betrayal of American prosperity : free market delusions, America's decline, and how we must compete in the post-dollar era
title_full The betrayal of American prosperity : free market delusions, America's decline, and how we must compete in the post-dollar era / Clyde Prestowitz, The betrayal of American prosperity: free market delusions, America's decline, and how we must compete in the post-dollar era [electronic resource] / Clyde Prestowitz
title_short The betrayal of American prosperity :
title_sort betrayal of american prosperity free market delusions, america's decline, and how we must compete in the post-dollar era
title_sub free market delusions, America's decline, and how we must compete in the post-dollar era
topic China Foreign economic relations United States, United States Commercial policy, United States Economic conditions 21st century, United States Economic policy, United States Foreign economic relations China
topic_facet Commercial policy, Economic conditions, Economic policy, Foreign economic relations