Make It In America: The Case for Re-Inventing the Economy

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Overview

Praise For Make It In America: The Case For Re-Inventing The Economy

"Andrew presents a realistic and informed view of America's manufacturing problems and what needs to be done about them."
Warren E. Buffett

"Andrew Liveris has hit a raw nerve regarding American economic competitiveness. His book is required reading for anyone in politics or business who believes in both America's greatness and future. He's absolutely right! We can come ...

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Overview

Praise For Make It In America: The Case For Re-Inventing The Economy

"Andrew presents a realistic and informed view of America's manufacturing problems and what needs to be done about them."
Warren E. Buffett

"Andrew Liveris has hit a raw nerve regarding American economic competitiveness. His book is required reading for anyone in politics or business who believes in both America's greatness and future. He's absolutely right! We can come back—and big!"
Jon M. Huntsman, Chairman and founder, Huntsman Corporation

"Andrew Liveris has delivered an informed, timely, and provocative blueprint for revitalizing America's economic might. It's an important book for anyone seeking an experienced business leader's view on what America must do to compete effectively in the twenty-first-century global economy."
W. James Mcnerney, Jr., Chairman, President, and CEO, The Boeing Company

"In this passionate argument for a strong U.S. manufacturing sector, Andrew Liveris rejects the false dichotomy between the 'old' and 'new' economy and between 'low-tech' and 'high-tech' businesses. Manufacturing industries have a powerful multiplier effect on growth up and down the supply chain. To strengthen this vital sector, we need to shore up the very things—R&D, technological superiority, and investment-friendly public policies—that will create jobs, competitiveness, and opportunity throughout the entire economy."
Ivan Seidenberg, Chairman and CEO, Verizon

"Liveris delivers a clear and compelling case for maintaining a robust manufacturing sector in the global marketplace of the twenty-first century. Every American who is concerned about the current or future state of our economy should read this book. For those who believe, as I do, that a strong manufacturing base is vital to creating jobs, innovation, and prosperity, this is a book to read and recommend to everyone you know."
Bill Ford, Executive Chairman, Ford Motor Company

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Product Details

  • ISBN-13: 9780470930229
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 12/21/2010
  • Edition number: 1
  • Pages: 240
  • Sales rank: 785,297
  • Product dimensions: 5.80 (w) x 8.50 (h) x 1.00 (d)

Meet the Author

Andrew N. Liveris is Chairman and CEO of The Dow Chemical Company, a $45 billion global specialty chemical, advanced materials, agrosciences, and plastics company based in Midland, Michigan. Liveris's 34-year Dow career has spanned manufacturing, engineering, sales, and marketing since he began with the firm in Australia in 1976. Liveris was born in Darwin, Australia, and received a bachelor's degree in chemical engineering from the University of Queensland in Brisbane. Liveris serves on the boards of directors of IBM and Citigroup. He is President of the International Council of Chemical Associations; Vice Chairman of The Business Council; a member of the executive committee of the Business Roundtable; and a member of the U.S. President's Export Council, the U.S.-India CEO Forum, and the Peterson Institute for International Economics.
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Table of Contents

Preface xiii

Acknowledgments xix

Introduction 1

Chapter 1 The Rise and Fall 11

How We Fell Out of Love with

Manufacturing 14

The Multiplier Effect 19

Manufacturing Tomorrow 22

Surviving the Crisis 25

A Tale of Two Nations 27

Chapter 2 Separating What Can't Be Separated 31

The Truth about the Manufacturing Crisis 36

Adding Value the Only Way We Can 40

Trying to Survive on Ideas Alone 44

Where Manufacturing Goes, the Ideas Follow 49

Chapter 3 Fighting Offshoring 53

Should I Stay or Should I Go? 56

It Isn’t What You Think 59

Taxing Problems 63

Funding the Future 67

Regulating Our Way into a Muddle 69

Trading Our Way to Prosperity 73

Chapter 4 Energy Drives the World 81

A Big Energy Bill, and Not Just for Power 82

The New New 87

Germany's Green Miracle 91

China's Green Revolution 94

America Can't Compete 98

Chapter 5 Building Tomorrow 103

Education: "A Permanent National Recession" 105

Developing the Right Skills for the New

Workplace 109

Preventing a Worker Shortage 111

What America Doesn't Understand That Other Nations Do 114

The Tortoise and the Hare 117

A New Foundation of Infrastructure 118

Funding the Future 124

Chapter 6 Built to Compete 129

An Ambitious Agenda 132

Changing the Way We Tax 134

National Incentive Strategy 136

Regulatory Policy 137

Everyone Needs Good Trading Partners 141

Chapter 7 The Long Game 145

The Human Element: Education and Immigration 147

Innovation and Competitiveness 154

Chapter 8 The Fork in the Road 163

Epilogue 175

Bibliography 189

About the Author 213

About The Dow Chemical Company 215

Index 217

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Customer Reviews

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  • Posted June 23, 2011

    A must read -- and a strong case for a U.S. industrial policy

    Dow's CEO Andrew Liveris has given Americans a must read book on the need for an industrial policy in the U.S. to create/revive an advanced manufacturing sector in the U.S. The book is a concise and well-written blueprint for just how to shape such a public-private cooperative partnership. In addition to advocating for a series of public policies to revitalize America's manufacturing sector, and to make the U.S. the most competitive and appealing country in the world for companies to manufacture things in (e.g. reducing the corporate income tax, making the R&D tax credit permanent, having clear and consistent regulations, increasing the number of free trade agreements we have with high-wage countries such as S. Korea, "feed-in tariffs" like Germany uses), Liveris also proposes some new and innovative ideas that would serve our country well (e.g. a specific manufacturing tax credit, a National Economic Growth Bank, and a national infrastructure bank, among other ideas). As a reader who spent a decade in the private sector (at companies including Battelle and the American Society of Mechanical Engineers) and who has been a public high school teacher for the past decade (Liveris's book also addresses the challenges in our education system -- with an important emphasis on the achievement gap within the U.S. student population) I could not put the book down. Liveris has done a great service by writing this book. I can only hope all policy makers in D.C., all business leaders, and all Americans, have the chance to read it, and to work together to implement all of the ideas in it.

    2 out of 2 people found this review helpful.

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  • Posted June 1, 2012

    more from this reviewer

    Andrew N. Liveris is chairman and CEO of The Dow Chemical Compan

    Andrew N. Liveris is chairman and CEO of The Dow Chemical Company, vice chairman of the Business Council and a member of the Business Roundtable’s executive committee. Yet, unlike most of his peers, he advocates for more government intervention in the marketplace, not less. Liveris urges manufacturing executives and public policy makers to plan, develop and implement a comprehensive, government-led national program to revive American manufacturing. While typical corporations more often petition for lower corporate taxes (and then, inconsistently, sometimes seek government help), this corporate leader proposes a business-government partnership. getAbstract recommends Liveris’s call to action to manufacturing executives, government leaders and anyone with a stake in the long-term health of the US economy.

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