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The War for Wealth: The True Story of Globalization, or Why the Flat World is Broken
by Gabor Steingart
from McGraw-Hill
Customer Reviews:
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Avg. Customer Rating: 5.0 / 5.0 
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Relief from the Globalization Propaganda
Globalization has had a strong, yet subtle, propaganda from both the "liberal" and conservative media in the last years. Just take a look at magazines Newsweek, Time and many others, but above all The Economist. They are always reminding us how important is that companies can freely operate globally. Fareed Zakaria, for example, wrote some weeks ago that while ipods are made abroad, most of the profits go to Apple. Good for Steve and Co. but bad for common people who don't own corporations. Instead, Mr.... more info
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a great book probably coming too late
I feel almost personally grateful to Steingart because he has written something I have always wanted to say, but couldn't possibly have said so well.
The questions he asks on page 227, for example, have been troubling me for years. I beseech every American to pause and respond to these buring questions.
"Did you really believe that you could live, in the long term, on borrowed money?
"Who actually claimed that such a large nation doesn't need an industrial base?
"Where are the men and... more info
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Must read
Every American should read this book; the author gives a broader view about the world economy, and how we got to this point, where we have been losing jobs to the Asian countries: the causes, the consequences and what we can do to revert it.
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Reform tax policy
Among the fairly simple, but politically difficult recommendations is to eliminate income based taxes and instead tax consumption. The US policy of taxing income of individuals and, especially corporations, effectively makes US products gives importers a free ride and makes US exports uncompetitive internationally. Taxing sales not only levels the playing field for US producers domestically and internationally, but also greatly reduces tax fraud and black market free riders.
Eliminate the tax on... more info
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