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Dangerous Business: The Risks of Globalization for America Hardcover – Deckle Edge, August 12, 2008

22 customer reviews

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Editorial Reviews

From Booklist

Economist and Reform Party activist Choate (best known to many as Ross Perot’s running mate in 1996) may best be described as an economic nationalist; over the years, he has been a particularly passionate critic of “free trade” in general and NAFTA in particular. Here Choate offers a vociferous broad-spectrum complaint about economic globalization, which he believes to be an existential threat to the economic well-being of the U.S. In part, this is a specific criticism of certain infrastructure privatization policies and trade agreements that have, in his view, negatively affected the U.S. But, more broadly, in sections loosely addressing arguments associated with the free-market Friedmans (Milton and Thomas), Choate articulates concerns about the vulnerabilities inherent in a global system increasingly defined by the interdependence of nations. Though some readers may be put off by Choate’s abiding suspicion of non-U.S. and international institutions, readers concerned about the same issues as Choate may find his iconoclastic populism invigorating. --Brendan Driscoll


“[An] articulate assessment of America’s position in the global economy . . . Choate exposes the dark side of globalization with well-argued points on the dangers Americans face in lowered safety standards for imported food and pharmaceuticals, underemployment, the loss of national sovereignty, and elites with divided loyalties.”
Library Journal

This Book Is Bound with "Deckle Edge" Paper
You may have noticed that some of our books are identified as "deckle edge" in the title. Deckle edge books are bound with pages that are made to resemble handmade paper by applying a frayed texture to the edges. Deckle edge is an ornamental feature designed to set certain titles apart from books with machine-cut pages. See a larger image.

Product Details

  • Hardcover: 288 pages
  • Publisher: Knopf; 1 edition (August 12, 2008)
  • Language: English
  • ISBN-10: 0307266842
  • ISBN-13: 978-0307266842
  • Product Dimensions: 6.6 x 1.2 x 9.6 inches
  • Shipping Weight: 1.3 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (22 customer reviews)
  • Amazon Best Sellers Rank: #2,657,010 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

27 of 29 people found the following review helpful By Eamonn Fingleton on August 12, 2008
Format: Hardcover
Americans of a certain age know that something is wrong. Their nation is not what it used to be. But what exactly is the matter? Pat Choate provides a thoroughly researched and authoritative answer: the recent fashion for radical globalism has driven American society off a cliff. Of course, other writers have already taken shots at globalism but few if any have come to the subject with a greater depth of experience or a more acute intellect than Choate. Add in the fact that Choate is a born writer with powers of explication that other policy analysts can only dream of and the result is a remarkable tour de force that is must reading for any American concerned about his or her nation's future.

Again and again Choate, an economist and best selling author who was Ross Perot's vice presidential running mate in 1996, comes up with devastating facts that give the lie to the globalist chop logic that has driven American policy-making in recent years.

As he points out, a fundamental issue is the extent to which Washington has come to be run by lobbyists -- and particularly lobbyists acting in various guises for foreign governments and industries. The activities of the K Street lobbying system have not only greatly speeded up the acceptance of globalism by America's largely economically illiterate elite but, in a pernicious self-feeding process, have been facilitated by such acceptance.

His analysis ranges widely over such issues as the farcically counterproductive U.S. effort to create the World Trade Organization; America's vulnerability to illness spread via imports of contaminated food; the U.S.
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23 of 26 people found the following review helpful By Book & Music Lover on August 14, 2008
Format: Hardcover
A good book, though most business people will disagree, but most working people will cheer. Over the last 30 plus years things have gotten so bad that our biggest exports, are jobs. And our leaders say this is good for America. You think? We have trade deficits with just about every trading partner, if they can be so described. But no one in power thinks we need to do anything to change things.

Trade, something of value, in exchange for something of equal value. What do we manufacturer in this nation anymore worth trading? This in turn has contributed to the credit crisis, over burdening credit card dept, (another story) our cities and states cannot meet their obligations in part because revenues are down.

Then there is that nasty word "Globalization," where this nation has become the dumping ground for it seems any and all goods other nations produce. Where we now look the other way because goods are cheap, because they are produced by prisoners, or worse children. No enviromental precautions, no minimum wage, cheap labor, better defined as "SLAVE" labor. Then there is that nasty thing we do called deficit spending, where we spend more than we take in. Living on credit so to speak.

The next President to take office had better have the balls to set this monster straight, or this economic quicksand America now faces will overshadow the great depression of the 1930s. We are pulling up every third world nation, at the expense of American jobs. The jobs an advisor of John McCain says we as Americans are not truly entitled to. Jobs that built this Nation after the depression, and aided in the winning of WW II.

Suggestions are made by the author as to how we can begin to dig ourselves out of this mess, but it will take a great deal of heart.
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14 of 15 people found the following review helpful By James Jospeh Baird on August 14, 2008
Format: Hardcover
Dangerous Business is an excellent resource for anyone with an interest in globalization, trade or economics. Mr. Choate succeeds where other notable academics have failed by presenting a readable, informative work that examines the often overlooked problems created by globalization. This is a great read.
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15 of 17 people found the following review helpful By J. Ryan Bennett on August 14, 2008
Format: Hardcover
Pat Choate, economist and former vice presidential running-mate of Ross Perot, masterfully exposes America's role in the global economy in his newest book, Dangerous Business: The Risks of Globalization for America. The ugly and deleterious side of globalization is documented through Choate's writing. Choate vividly details the nation's involvement in organizations such as NAFTA and the WTO and how involvement in these two organizations propelled the United States into globalism.

The participation in NAFTA and the WTO has changed the economic policies both domestically and abroad. Corporations now find it profitable to move their manufacturing and service sectors to other nations that offer lower wages and sub-par environmental standards. The negative consequences of outsourcing are destroying America's ability to remain sovereign and secure by accruing an insurmountable trade deficit and the general shrinking of the middle class.

Choate not only documents America's role in globalization with accuracy and precision, but he offers solutions to correct these errors and achieve a future of prosperity and independence. Dangerous Business will create awareness among the readers while offering an honest and insightful look into America's role in the global economy.
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