Description

The Capitalist Cold War Has Begun

The United States and its economic allies are under attack by a force unlike any they have ever faced. China and other emerging nations are competing for markets around the world using their own versions of capitalism-and, thus far, they are winning handily.

In Strategic Capitalism, one of the world s leading authorities on global business strategy, Richard D Aveni, describes how the economic cold war began, how it is being played out now, and how the West can change the course of events in its favor.

Brilliantly conceived-and sure to ignite passions on both sides of the political aisle- Strategic Capitalism calls for an end to the economic idealism that dominates the national dialog. It also calls for a cold, hard focus on reality, which is this: government-managed capitalist systems consistently outmaneuver and outperform the traditional laissez-faire capitalism of the West.

With refreshing levels of thoroughness, knowledge, and detachment, D Aveni describes the competitive landscape today. These are the facts:

The world s best competitors-with China in the lead-have adopted elements of managed capitalism, in which government and businesses work together toward a single aim.China s objective is clear-to displace the United States as the world s economic leader by becoming the global rule maker.If the West does not act soon, it stands to lose everything it holds most dear: financial prosperity, economic freedom, geopolitical power, national security, and even democratic values.
This is disruptive innovation on a global scale. But instead of companies using breakthrough products and brands to gain market share, nations are devising game-changing economic systems to seize influence over-and beyond-the global economy.