Worth a Look: The New Capitalist Manifesto

02 China, Commerce, Commercial Intelligence, Worth A Look
Amazon Page

The Worst Trade in the World

It’s often said that America’s an uncompetitive economy–unable to produce stuff that satisfies global demand. Hence, a yawning current account deficit.

I’d say the reality’s harsher. America’s caught in a toxic, self-destructive relationship with the globe’s second most significant economy. In short, it’s making the worst trade in the world.

See tables of what US exports to China (good stuff) and what China exports back to the US (mostly bad stuff).

Amazon Pre-Publication (4 January 2011) Review:

Product Description

Welcome to the worst decade since the Great Depression. Trillions of dollars of financial assets and shareholder value destroyed; worldwide GDP stalled; new jobs vanishingly scarce. But this isn’t just a severe recession. It’s evidence that our economic institutions are obsolete—a set of ideas inherited from the industrial age that no longer work for business, people, society, or the future.

In The New Capitalist Manifesto, economic strategist Umair Haque argues that business as usual has outgrown the old paradigm of short-term growth, competition at all costs, adversarial strategy, and pushing costs onto future generations. These outworn assumptions are good for creating only “thin” value—gains that are largely illusory and produce diminishing returns every year.

For “thick” value—enduring, meaningful, sustainable advantage that deeply benefits the larger society—Haque details five new cornerstones of prosperity in the twenty-first century:

•Loss advantage: From value chains to value cycles
•Responsiveness: From value propositions to value conversations
•Resilience: From strategy to philosophy
•Creativity: From protecting a marketplace to completing a marketplace
•Difference: From goods to betters

The New Capitalist Manifesto makes a passionate, razor-sharp economic case that these methods will produce a more enduring prosperity for business as well as society.

About the Author

Umair Haque is the Director of the London-based Havas Media Lab and heads Bubblegeneration, a strategy lab that helps discover strategic innovation. He studies the economics of the future: the impact that new technologies, management innovations, and shifting consumer preferences will exert tomorrow on the industries and markets of today.

See Also:

Worth a Look: Book Reviews on Bio-Economics

Worth a Look: Book Reviews of Capitalism Reincarnated

Worth a Look: Book Reviews on China

Worth a Look: Book Reviews on Civilization-Building

Worth a Look: Book Reviews on Collective Intelligence

Worth a Look: Book Reviews on Common Wealth

Worth a Look: Book Reviews on Conscious, Evolutionary, Integral Activism & Goodness

Worth a Look: Book Reviews on Dialog for Truth & Reconciliation