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In the Jaws of the Dragon: America's Fate in the Coming Era of Chinese Hegemony Hardcover – Bargain Price, March 4, 2008
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From Publishers Weekly
America's fate looks dicey in the showdown with the Chinese juggernaut, warns this vigorous jeremiad. Fingleton (In Praise of Hard Industries) argues that China's "East Asian" development model of aggressive mercantilism and a state-directed economy "effortlessly outperforms" America's fecklessly individualistic capitalism. Nor will economic development democratize a "quasi-fascist" Confucian culture. More likely, Fingleton contends, is "the Confucianization of America" as Chinese wealth subverts American politics and media. Fingleton's brief against Confucian societies can seem vague and paranoid; fortunately, his economic analysis is incisive. His most telling critique is of American business elites and policymakers, who have wrecked the U.S. economy, he insists, by promoting laissez-faire nostrums, free trade and a hollowed-out service economy. More compelling than Fingleton's exaggerated dread of the Confucian dragon is his well-supported case for economic nationalism.
“Eamonn Fingleton demonstrates once again why his analyses of modern
capitalism deserve serious attention. As he has done before with Japan, he
identifies the elements of China’s business model that depart sharply from
easy Western assumptions---and he lays out the consequences of seeing China
the way outsiders would like it to be, rather than the way it is.” ---James Fallows, Atlantic Monthly.
“With capitalism spreading in China, the world expects communism to
be swept away by democracy. Eamonn Fingleton expertly shows why it is
not to be. This book begins the understanding of the challenge the United States faces from an authoritarian China strengthened by capitalism.” ---Former Senator Ernest F. Hollings
"The more heavily that U.S. media conglomerates invest in China, the
more vulnerable they become to Chinese pressure to censor their U.S. reportage. As Eamonn Fingleton shows, what we don’t know can hurt us. This is a fascinating book with truly unique insights.” ---Pat Choate, author of Agents of Influence
“Filling in the missing pieces of the puzzle that is China, Eamonn Fingleton’s riveting and provocative book is required reading for anyone who cares about the U.S.-China relationship.”---Senator Byron Dorgan
“Eamonn Fingleton offers a compelling corrective to the naive and often self-interested view of U.S. elites that as China grows more capitalistic, it will necessarily grow more democratic.” ---Robert Kuttner, coeditor, The American Prospect
“Fingleton brings his penetrating analytical skills to bear on every dimension of the U.S.-China economic relationship, even the uncomfortable facts that many policymakers prefer to ignore.”---Congresswoman Marcy Kaptur
“Anyone who cares about the future of American industry needs to read
this book.”---Richard L. Trumka, secretary-treasurer, AFL-CIO
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Top customer reviews
What kept me from giving this a 5 star rating is his somewhat condescending attitude toward other authors (e.g., Thomas Friedman) with whom he disagrees. However, on balance I am convinced his pessimism about the naivety of the US government toward Asian expansionism is justified. The other criticism I have is his rather simplistic "solution" to the trade imbalance between the US and Confucian economies--the erection of tariffs by the US on Asian goods. The problem appears much more complex that that.
I wish everyone in the White House and Congress would read this book and think through our trade policy--because it puts us at a great disadvantage on the world stage.
It is very refreshing to see that someone has detailed so many of the hidden dynamics at play
and provided evidence along with well structured logic to support the case for the preservation of freedom.
The final chapter, "Globalism or Democracy", provides an overview of how classical western democracy and
the human rights that go with it are being systematically undermined by what I would characterize as
a global blueprint for enslavement. Crucial recommendations are made that must be acted upon.
We the people must organize and set clear objectives in order to push back against the
great corruption of our time.