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August 2, 2005
August Book Reviews
Excellent Globalization Books...
Three Billion New Capitalists - Clyde Prestowitz
A couple of great books on the impact of globalization. Mr. Prestowitz does an excellent job of describing our world and how the global economy will take shape. The author focuses on China and India and spends a great deal of time on their strengths without too much attention on the weaknesses or negative possibilities. His key point, that I cannot argue with is the lack of a universal strategy by the United States. More importantly, the lack of a strategy by individuals. The author is very credible and most of his points are backed up with fact and data. Perhaps my favorite paragraph was where the author describes the tax incentives, funding, and education grants provided by China. Ironically, Dell got a similar deal in one of the Carolinas this year.
The World is Flat - Thomas Friedman
As if I didn't have enough bad news with the prior book, Mr. Friedman describes a world with very few borders. I purchased this book on tape and am on my third listen / read. The initial parts review technology and the advancements over the past several years and the savings by different organizations due to outsourcing. A trend that will not only continue but get far more aggressive in the future. The author even discusses the impact of terrorism and how this too is an example of a flat world.
Posted by Todd at August 2, 2005 2:28 AM
Comments
That's a nice book
Posted by: Clark at August 2, 2005 3:39 AM