My apologies if the heading looks like a tagline to a self-help book. However, the most important element to this book is perspective. Many of the themes described by authors do explain changes in the economy that I could not understand until I "stood on the sun" with the Chris and Julia. I read this book over the past winter and enjoyed it. Let me explain why I still like this book over the other economic books and blog sites I have been reading.
First, I should explain my motives. I am simply a lower level manager in a large multi-national US based company with 3 sons who will soon graduate from college. Over the past 12 years I have watched globalization change my company, our clients, our competitors, our industry and even other industries. Some have thrived during this change, while others failed and no longer exist, but most of us just seem to "react to the change" and manage to survive. For nearly a decade, I have been reading books, news stories, or blogs with globalization as the subject, but I could not figure out what was driving these changes. So, that left me reacting to globalization without understanding -- and just surviving like almost everyone else, but still concerned about how to prepare my sons for the future global economy.
This book has distinct sections to describe characteristics of capitalism and others on capitalism as implemented in other parts of the world. At the start, the authors metaphorically use environmental impact on biological systems to explain changes in capitalism. In the other sections, they describe capitalism as implemented in 4 emerging economies around the globe. The authors executed this very well in their writing style and their content. While I disagree on some minor points, the rest of the authors' material does help me understand the future of capitalism. So, I strongly recommend this book, even if it is just to explain to your kids what to expect when they join the workforce with us.
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