Three Billion New Capitalists: The Great Shift of Wealth and Power to the East Book

"Three Billion New Capitalists describes [the] risks [of globalization] in compelling detail." (BusinessWeek

American superiority is deteriorating faster than you think. Powerful trends are converging to rapidly shift wealth and power to Asia-and, as acclaimed international trade expert Clyde Prestowitz shows, geopolitical clout will follow economic strength. Now we have to cope with the fallout. How will we deal with a world in which the dollar is no longer the dominant currency, the United States is no longer the dominant power, and people in Slovenia, Singapore, and Seattle are all competing for the same work on the same terms? Three Billion New Capitalists is a clear-eyed and profoundly unsettling look at America's and the world's economic future.

"Mr. Prestowitz makes a fascinating journey from place to place offering revealing stories and anecdotes about globalization." (Dallas Morning News)

"Prestowitz's...synthesis of anecdotes, statistics and metaphor is engaging.... Eye-openingly bold." (Washington Post Book World)

s "A smart new book about the rise of China and India." (Thomas Friedman, New York Times)