2005.9.17=6[#260]:8.14=#(60x3+41)[US#41] US Cnstton. BookTV, Dr. Cheng prescription, document piles. #1.US Economy, 2.US Militarism, 3.Healthy Food.
US Constitution: http://tinyurl.com/85l6e
Cloudy mildy cool to fair mild: Up 7:20, Mei gone, Jun bath and off 8:50, mom tel on drug & aBi knee for Dr. Cheng, BookTV on 05.6.1 Clyde Prestowitz, "Three Billion New Capitalists: The Great Shift of Wealth and Power to the East", short list of emails now, 10:45am.
To Dr. Cheng's clinic, Mrs. Cheng gives prescription, adding one for bone which mom refused to take before, then home, emails. Then BookTV segment of 4.16 ABacevich interview about his "The New American Militarism", then 8.16 6-7 persons discussion of it. Lung off, Mei back around 2pm cooks quickly, Ch comes then off w Jun for lunch, Mei off, finish arranging piles of documents around low table, Lung back late w moon cakes then off later, Mei back after I finish supper. Only Mei inside, now 11:20 to go. Bed 12:20.
#1. US Economy: "Three Billion New Capitalists: The Great Shift of Wealth and Power to the East", by Clyde Prestowitz, Basic Books (May 3, 2005), Amazon.com:
Clyde Prestowitz: http://tinyurl.com/auewx
"Three Billion New Capitalists: The Great Shift of Wealth and Power to the East":
http://tinyurl.com/7uw89
"" Editorial Reviews
From Publishers Weekly
Ex-Reagan administration trade official Prestowitz follows up his critique of U.S. unilateralist foreign policy in Rogue Nation with this perceptive diagnosis of the nation's economic decline under globalization. While China and India focus on trade and industrial policies and turn out competent workers who put in long hours at a fraction of American wages, the U.S., Preston argues, struggles with crushing trade and budget deficits, a zero savings rate, failing schools, dwindling investments in scientific training and research, a collapsing dollar and a debt-dependent economy that will face an "economic 9/11" once foreign creditors bail out. The argument echoes Thomas Friedman's The World Is Flat (Forecasts, Apr. 4), but Prestowitz's analysis is more thoughtful than Friedman's pro-globalization cheerleading. He criticizes, from firsthand experience, Washington's cavalier embrace of free trade and aversion to industrial policy ("they'll sell us semi-conductors and we'll sell them poetry," notes one Reagan administration economist) and argues cogently that the research and development apparatus and high-tech entrepreneurship that is supposed to save America's economy is likely instead to follow the manufacturing base offshore. It's a lucid and sobering forecast.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
From Booklist
Prestowitz, economic trend-spotter, reports, "Over the past two decades . . . China, India and the former Soviet Union all decided to leave their respective socialist workers paradise and drive their 3 billion citizens along the once despised capitalist road." These new capitalists symbolize the threats to end 600 years of Western economic domination as America's lead role in invention and technological innovation lessens and the Internet allows jobs to be performed anywhere. The author foresees the possibility of an "economic 9/11," which won't kill but will cause great hardship. To prevent what he sees as an accident waiting to happen, Prestowitz offers a wide range of solutions relating to the dollar's role in today's global marketplace, addressing the reality that Americans consume too much and Asians save too much, and facing energy challenges in the U.S and problems confronting our educational system. The author offers valuable insight into these important topics currently being debated in government and corporate circles. Mary Whaley
Copyright © American Library Association. All rights reserved ""
#2. US Militarism:
Andrew Bacevich: http://tinyurl.com/auewx
"The New American Militarism: How Americans Are Seduced By War", Oxford University Press (February 28, 2005):
http://tinyurl.com/auewx
"" How We Got Here, March 21, 2005:
Reviewer: William Brennan "Wildbill944" (Northern Virginia)
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