The War for Wealth: The True Story of Globalization, or Why by Gabor Steingart

By Gabor Steingart

Highly good researched and introduced with a barrage of knock-out punches to the yank brain, this can be maybe the main chilling piece of literature i've got ever learn. The biblical Revelation of the Apocalypse is it is only peer.

Very insightful and undeniably convincing, this ebook could be instantly placed into the arms and minds of each American from the age of 14 to ninety. The relevance and value to our American lifestyle is indisputable. the necessity for it really is speedy message to be gotten out is unquestionable.

This ebook isn't for the faint-hearted. I needed to set it down for a number of days to permit my middle price subside to normal.

As an American, in the event you really need to grasp your Country's destiny, then run and do not stroll to discover this booklet. Gabor Steingart has trumpeted the alarm and everybody may still rally.

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Additional info for The War for Wealth: The True Story of Globalization, or Why the Flat World Is Broken

Example text

The Industrial Revolution was probably the greatest revolution of all time. No continent or country could remain isolated from it for long, and no person, party, or state has been able to permanently change its outcome. According to the Communist Manifesto, first published in 1848, “All that is solid melts into air, all that is holy is profaned”—an indication of the awe-inspiring power of the Industrial Revolution. But there was also great dismay over the impetuous power of a change that had produced two outcomes—seemingly limitless 33 34 G A B O R S T E I N G A RT wealth and, close by its side, factory workers without rights who lived in bitter poverty.

Because the first option was not viable, the second option came into the picture and became increasingly popular: export. By trading with others abroad, domestic producers can unload the products for which there are no buyers at home. Even if the domestic market is saturated, foreign markets can certainly be capable of absorbing more goods. Products that may seem unmarketable in one country can even develop into big sellers in another. This is especially the case when the other country is far away and a businessperson can employ different methods—and sometimes more brutal ones—to capture the market.

That’s the great hope. But the new world is by no means more peaceful than the old. Today’s victories are won on the field of business, and from there they are passed on to politicians and military leaders. ” Asian countries have already embarked on a massive military buildup, one in which the nuclear warhead is seen as a status symbol of the newly affluent. Despite the international flow of goods and intensive interdependence in commerce, the risk of armed conflicts has certainly not diminished. The rise of Asia is accompanied by intense nervousness on the continent itself.

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