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

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

Released Wednesday, 1st June 2005
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Three Billion New Capitalists: The Great Shift of Wealth and Power to the East

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

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

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

Wednesday, 1st June 2005
Good episode? Give it some love!
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Economist Clyde Prestowitz believes that the United States is sliding toward economic decline under globalization, arguing that these trends are creating not only increased economic strength in Asia, but also geopolitical power.

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Globalization Audio

Long-distance trade, migration, and cross-cultural interaction have been going on for thousands of years, but the pace, breadth, and depth of the current wave of globalization is unprecedented. Economies around the world have become increasingly integrated over the last few decades, with far-reaching consequences both good and bad.

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