Three billion capitalist

Ashok Kumar Chaudhary
INTRODUCTION:
The book, Three billion new Capitalists talks exclusively about the vagabonds that harbor driven the current scenario of the globularisation. It reveals the fact that how the horse opera dominance of the wealth and power is moving to the east at a rapid pace, starting from the first wave of globalization to the troika wave. The actor, Prestowitz analyzes the situation and seems concerned about the future affect of the decreasing influence of the west; he thinks the force that is withdraw wealth and power to the east will also bring crisis and painful adjustment to the west. He fears that the United States image of predominant power in the world will be in earnest undermined; he thinks its relative economic superiority and power be rapidly slipping away and United States could find itself severely pressed to maintain a reasonable standard of lively and defends its vital interests. (Prestowitz, 2005)
STRENGTHS:
The book provides the necessary true facts regarding the new forces in the third wave of globalization. China, India and the former Soviet Union have driven their three billon citizens on to the once despised capitalistic road leaving behind their respective socialist workers paradises.



The author has expressed his views with supportive mathematical data comparing different waves of global economy.
The author provides enough supportive information that makes the third wave of globalization revolutionary and dynamic. Outsourcing and off shoring argon no more strangers in the worlds market. cyberspace and the high technology advancement are the major drivers of the economy. Manufacturing, interrogation and design, services, high technology developments and food supplying markets are on the whole being shifted from the US landmark and new major global player are transforming the geopolitical landscape.
In this third wave of globalization, even though China and India might have left-hand(a) others far behind in the field of manufacturing, software and services...If you essential to get a full essay, order it on our website: Orderessay



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