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How the West Was Lost
- Fifty Years of Economic Folly - and the Stark Choices Ahead
- De: Dambisa Moyo
- Narrado por: Anne Flosnik
- Duración: 8 h y 10 m
- Versión completa
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General4 out of 5 stars 26
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Narración:4 out of 5 stars 16
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Historia4 out of 5 stars 16
In How the West Was Lost, the New York Times best-selling author Dambisa Moyo offers a bold account of the decline of the economic supremacy of the West. She examines how the West's flawed financial decisions and blinkered political and military choices have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world. As Western economies hover on the brink of recession, emerging economies post double-digit growth rates.
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1 out of 5 stars
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Odd A Highly Recommended Book - Fluffy Metaphor
- De Clydene en 02-15-11
- How the West Was Lost
- Fifty Years of Economic Folly - and the Stark Choices Ahead
- De: Dambisa Moyo
- Narrado por: Anne Flosnik
Summary: The state is the answer to everything
Revisado: 07-22-12
This book was really disappointing. I bought it because I had seen Moyo speak quite intelligently on aid to Africa. However, this work aimlessly wanders from topic to topic, making poorly thought out arguments with only two common themes:
1. The West is wrong, and "The Rest" are right.
2. More state involvement is the answer.
The book pretty much ignores the overall historical trend, which has been that The West has gained more state involvement in everything and The East has rolled back its state involvement (most notably in recent times, China). It also doesn't bring any new ideas or information to the table. It just re-hashes the same tired statistics that Chinese students spend longer in school, graduate university in greater numbers, etc etc.
In addition to not addressing this stark problem with its main thesis (see two points above), the book makes a number of wacky and self-contradictory factual claims, which further supported the idea for me that the author just wasn't thinking when she wrote it. The book seems to claim that:
- Hyperinflation in the Weimar Republic was caused by "the market running roughshod"
- Street lights in the US and UK are privately funded, unlike in continental Europe and Scandinavia
- No one could have predicted the 2008 financial crisis, despite mentioning that Ron Paul did a few pages later
- The 2008 financial crisis was caused by "the market running roughshod", despite spending a whole chapter explaining the bad government policies that caused it
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