How the West Was Lost

Fifty Years of Economic Folly--and the Stark Choices Ahead

Business & Finance, Economics, International Economics
Cover of the book How the West Was Lost by Dambisa Moyo, Farrar, Straus and Giroux
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Author: Dambisa Moyo ISBN: 9781429988483
Publisher: Farrar, Straus and Giroux Publication: February 15, 2011
Imprint: Farrar, Straus and Giroux Language: English
Author: Dambisa Moyo
ISBN: 9781429988483
Publisher: Farrar, Straus and Giroux
Publication: February 15, 2011
Imprint: Farrar, Straus and Giroux
Language: English

In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the West's economic supremacy. She examines how the West's flawed financial decisions have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world, especially China.

Amid the hype of China's rise, however, the most important story of our generation is being pushed aside: America is not just in economic decline, but on course to become the biggest welfare state in the history of the West. The real danger is a thome, Moyo claims. While some countries – such as Germany and Sweden – have deliberately engineered and financed welfare states, the United States risks turning itself into a bloated welfare state not because of ideology or a larger vision of economic justice, but out of economic desperation and short-sighted policymaking. How the West Was Lost reveals not only the economic myopia of the West but also the radical solutions that it needs to adopt in order to assert itself as a global economic power once again.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the West's economic supremacy. She examines how the West's flawed financial decisions have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world, especially China.

Amid the hype of China's rise, however, the most important story of our generation is being pushed aside: America is not just in economic decline, but on course to become the biggest welfare state in the history of the West. The real danger is a thome, Moyo claims. While some countries – such as Germany and Sweden – have deliberately engineered and financed welfare states, the United States risks turning itself into a bloated welfare state not because of ideology or a larger vision of economic justice, but out of economic desperation and short-sighted policymaking. How the West Was Lost reveals not only the economic myopia of the West but also the radical solutions that it needs to adopt in order to assert itself as a global economic power once again.

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