In China's Shadow: The Crisis of American Entrepreneurship

By Reed Hundt

Book Overview

This book begins with an eye-opening exploration of the rise of China's economy and an assessment of its potential for further rapid growth. The implications of China's new power are nothing short of profound, Reed Hundt contends. In China's Shadow proceeds to paint a detailed landscape of the new reality confronting American businesses and citizens. For the first time in over one hundred years, Americans face critical challenges to their economy and way of life owing not only to China's impending economic might but also to the drift of U.S. business practices and government regulations over the past decade. Aiming for a respectable defeat in the competition of nations will imperil not only the American Dream of an ever-increasing standard of living but also the American project itself, Hundt warns. Meeting the foreseeable challenges is not a matter of legislative strategy from the political left or right or prescriptive plans for businesses. The best chance for Americans to lead the world in job and wealth creation lies in an expanded and renewed culture of entrepreneurship. Hundt reviews the lessons of the 1990s, when the architectures of law, technology, and leadership produced a robust culture of entrepreneurship, and analyzes how entrepreneurship is being undermined today. He challenges Americans to do what they do best-adapt, invent, innovate, take risks-and points the way for a reinvigorated entrepreneurial society.

• Format: Paperback
• Language: English
• ISBN: 0300126093
• ISBN13: 9780300126099
• Release Date: June 2013
• Publisher: Yale University Press
• Length: 208 Pages
• Weight: 0.64 lbs.
• Dimensions: 0.5" x 6.0" x 8.8"

Customer Reviews

Fascinating treatment of a critically important subject.

This book is fascinating and a little terrifying -- when you see all the steps we should/could be taking as a country to meet the challenges of globalization and China, in particular. IN CHINA'S SHADOW lays out the current state of affairs and explains what the next decades could hold for the United States, given current or possible policy decisions.

Great book - buy it now!

OMG, I'm sitting in front of the guy and he's so cool. Buy the book now!

A Much Needed Book

This book offers a much needed intelligent look at the impact that China's successful globalization may have on the United States. The book is data driven but is also entertaining and very well-written. It is an important read for anybody concerned about the U.S.'s potential rivalry with China and what U.S policy makers and leaders are doing about it (or not doing about it). If you wonder how China's rapidly increasing economic power might impact you or your children, you should start with this book.