Power, Inc.: The Epic Rivalry between Big Business and Government—and the Reckoning That Lies Ahead
By David Rothkopf
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The world’s largest company, Wal-Mart Stores, has revenues higher than the gross domestic product of all but twenty-five of the world’s countries. Its employees outnumber the populations of almost one hundred nations. The world’s largest asset manager, a New York company called BlackRock, controls assets greater than the national reserves of any country on the planet. A private philanthropy, the Gates Foundation, spends as much worldwide on health care as the World Health Organization. The rise of private power may be the most important and least understood trend of our time. Power, Inc. provides a fresh, timely look at how we have reached a point where thousands of companies have greater power than all but a handful of states. Beginning with the story of an inquisitive Swedish goat wandering off from his master and inadvertently triggering the birth of the oldest company still in existence, Power, Inc. follows the rise and fall of kings and empires, the making of great fortunes, and the chaos of bloody revolutions. A fast-paced tale in which champions of liberty are revealed to be paid pamphleteers of moneyed interests and greedy scoundrels trigger changes that have lifted billions from deprivation, Power, Inc. traces the bruising jockeying for influence right up to today’s financial crises, growing inequality, broken international system, and battles over the proper role of government and markets. Rothkopf argues that these recent developments, coupled with the rise of powers like China and India, may not lead to the triumph of American capitalism that was celebrated just a few years ago. Instead, he considers an unexpected scenario, a contest among competing capitalisms offering different visions for how the world should work, a global ideological struggle in which European and Asian models may have important advantages. An important look at the power struggle that is defining our times, Power, Inc. also offers critical insights into how to succeed in the years ahead.
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Summary
Summary
A Library Journal Best Book of 2012: Business
One of the 2012 Kirkus Reviews’ Best Books: History
A Kirkus Reviews “New and Notable Title” for Nonfiction, March 2012
The world’s largest company, Wal-Mart Stores, has revenues higher than the gross domestic product of all but twenty-five of the world’s countries. Its employees outnumber the populations of
almost one hundred nations. The world’s largest asset manager, a New York company called BlackRock, controls assets greater than the national reserves of any country on the planet. A
private philanthropy, the Gates Foundation, spends as much worldwide on health care as the World Health Organization.
The rise of private power may be the most important and least understood trend of our time. Power, Inc. provides a fresh, timely look at how we have reached a point where
thousands of companies have greater power than all but a handful of states. Beginning with the story of an inquisitive Swedish goat wandering off from his master and inadvertently triggering
the birth of the oldest company still in existence, Power, Inc. follows the rise and fall of kings and empires, the making of great fortunes, and the chaos of bloody revolutions. A
fast-paced tale in which champions of liberty are revealed to be paid pamphleteers of moneyed interests and greedy scoundrels trigger changes that have lifted billions from deprivation, Power,
Inc. traces the bruising jockeying for influence right up to today’s financial crises, growing inequality, broken international system, and battles over the proper role of government and
markets.
Rothkopf argues that these recent developments, coupled with the rise of powers like China and India, may not lead to the triumph of American capitalism that was celebrated just a few years
ago. Instead, he considers an unexpected scenario, a contest among competing capitalisms offering different visions for how the world should work, a global ideological struggle in which
European and Asian models may have important advantages. An important look at the power struggle that is defining our times, Power, Inc. also offers critical insights into how to succeed
in the years ahead.
Editorial Reviews
Editorial Reviews
Details
Details
Available Formats : | Digital Download, Digital Rental, CD, MP3 CD |
Category: | Nonfiction/Political Science |
Runtime: | 16.55 |
Audience: | Adult |
Language: | English |
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