From Publishers Weekly
Kotkin relates tribal values to economic prosperity in this analysis of ethnicity and the global economy.
Copyright 1994 Reed Business Information, Inc.
From Library Journal
Francis Fukuyama, move over. The theory of individualism as the prime motivator in a new world system is being challenged. Kotkin, an economic reporter and coauthor of The Third Century (Crown, 1988) here offers a different paradigm for the future of the global economy, asserting that ethnic solidarity has been and will continue to be an important force in world business. Kotkin focuses on five groups: Jewish, British, Chinese, Japanese, and Indian. In trying to explain the material success of these particular "tribes," he emphasizes historical patterns common to them all: a strong ethnic identity that allows the group to undergo economic and political changes without loss of essential unity; a global network based on mutual trust and communal self-help; and an open-minded approach to the adoption of scientific and technological innovations. On this basis, he argues that potentially powerful economic groups of the future may include Palestinians and Armenians. Ethnic stereotyping is dangerous territory, and Kotkin jumps headlong into the controversial minefield. Highly recommended for all libraries. See also Lawrence Harrison's Who Prospers? How Cultural Values Shape Economic and Political Success , LJ 7/92.--Ed.- Ruth M. Mara, U.S. Information Agency, Washington, D.C.
Copyright 1992 Reed Business Information, Inc.
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