The central argument in this volume is that the familiar economic alignments of the twentieth century are obsolete. The author evaluates America's position in the coming world order in light of these shifting circumstances. While the United States remains one of the major economic powers, the future will be controlled by those who train and educate themselves and those who invest more money into research in order to develop concrete plans to confront the competition.
Thurow suggests that very different views of capitalism exist between the United States and Britain on the one hand, and Germany and Japan on the other. In order to ensure continued success, better education and national planning, along with increased communication between businesses, unions and the government, become central components of the game.
Synopsis:
A revolutionary look at what America must do today to compete tomorrow in a world where economic competition will determine leadership.
