Fortune Favors the Bold: What We Must Do to Build a New and Lasting Global Prosperity

FortuneFavorsthe Bold......Page 2
{1}A Global EconomicTower of Babel......Page 3
Global Output......Page 6
How Big?......Page 7
Past Globalizations......Page 8
Building to Different Specifications......Page 9
Opting Out......Page 12
{2}A Global Superstructure Resting on a Capitalistic Substructure Built with NewTechnologies......Page 13
The Third Industrial Revolution......Page 15
Globalization......Page 17
The End of Socialism......Page 19
Honest Intelligence......Page 21
{3}The View from theTop of the Global Tower......Page 22
An Unstable Capitalistic Substructure......Page 23
America: A Source of Economic Instability; An Essential Locomotive for Global Success......Page 25
Everything is Going to Work; Nothing is Going to Work......Page 26
Telecoms......Page 27
Double Dip Recession......Page 28
Scandals......Page 29
Skating on Thin Ice......Page 31
Japan: A Brake of Enormous Proportions a Disease Carrier of Great Risk......Page 34
Not Coping......Page 35
Bad Monetary and Fiscal Policies......Page 38
Deflation......Page 39
Prospects......Page 40
Europe: Sitting on its Hands......Page 41
First World Inequality......Page 42
{4}The Voices ofAntiglobalization......Page 49
Anti-American Objectors......Page 50
Objections to Global Government......Page 54
Religious Objectors to Globalization......Page 57
Objections from the Left......Page 58
Objections from the Right......Page 61
Conclusion......Page 62
{5}Real Dangers tothe Global Tower......Page 64
A Crashing Dollar......Page 66
Intellectual Property Rights......Page 73
Life Saving Drugs......Page 76
Access to Ideas Necessary for Economic Development......Page 78
{6}Looking Up at theTop of the Global Tower......Page 79
Booming China......Page 87
The Past......Page 88
The Future......Page 89
A Chinese Model of Development......Page 91
Economic Decline in Sub-Saharan Africa......Page 93
Conclusion......Page 94
{7}Reshaping Globalizationfor the Third World......Page 95
Doha WTO Trading Round......Page 96
Third World Financial Instability......Page 97
The End of Export-LED Growth......Page 102
{8}Reshaping Globalizationfor the First World......Page 104
Deflation......Page 105
Intellectual Property Rights for Everyone......Page 108
Reducing Economic Inequality......Page 109
Rejecting But Needing Global Government......Page 110
{9}Help Wanted:A Chief Knowledge Officer......Page 111
The Company CKO......Page 113
A National CKO......Page 119
{10}The Structure andAttitudes of Success......Page 125
To Be, or Not to Be, Biologically Bold......Page 127
To Be, or Not to Be, Gender Bold......Page 129
Self-Confidence......Page 130
Notes......Page 131
About the Author......Page 140