Power, Inc.: The Epic Rivalry between Big Business and Government--and the Reckoning That Lies Ahead

Power, Inc.: The Epic Rivalry between Big Business and Government--and the Reckoning That Lies Ahead

by David Rothkopf
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Overview

Power, Inc.: The Epic Rivalry between Big Business and Government--and the Reckoning That Lies Ahead by David Rothkopf

The world's largest company, Wal-Mart Stores, has revenues higher than the GDP of all but twenty-five of the world's countries. Its employees outnumber the populations of almost a hundred nations. The world's largest asset manager, a secretive New York company called Black Rock, controls assets greater than the national reserves of any country on the planet. A private philanthropy, the Bill and Melinda Gates Foundation, spends as much worldwide on health care as the World Health Organization.

The rise of private power may be the most important and least understood trend of our time. David Rothkopf provides a fresh, timely look at how we have reached a point where thousands of companies have greater power than all but a handful of states. Beginning with the story of an inquisitive Swedish goat wandering off from his master and inadvertently triggering the birth of the oldest company still in existence, Power, Inc. follows the rise and fall of kings and empires, the making of great fortunes, and the chaos of bloody revolutions. A fast-paced tale in which champions of liberty are revealed to be paid pamphleteers of moneyed interests and greedy scoundrels trigger changes that lift billions from deprivation, Power, Inc. traces the bruising jockeying for influence right up to today's financial crises, growing inequality, broken international system, and battles over the proper role of government and markets.
Rothkopf argues that these recent developments, coupled with the rise of powers like China and India, may not lead to the triumph of American capitalism that was celebrated just a few years ago. Instead, he considers an unexpected scenario, a contest among competing capitalisms offering different visions for how the world should work, a global ideological struggle in which European and Asian models may have advantages. An important look at the power struggle that is defining our times, Power, Inc. also offers critical insights into how to navigate the tumultuous years ahead.

Product Details

ISBN-13: 9781429950213
Publisher: Farrar, Straus and Giroux
Publication date: 02/28/2012
Sold by: Macmillan
Format: NOOK Book
Pages: 448
File size: 549 KB

About the Author

David Rothkopf is the internationally acclaimed author of Superclass: The Global Power Elite and the World They Are Making and Running the World: The Inside Story of the National Security Council and the Architects of American Power. He is the president and chief executive of Garten Rothkopf, an international advisory firm, and a visiting scholar at the Carnegie Endowment for International Peace and CEO and Editor-at-Large of the FP Group, publishers of Foreign Policy Magazine.


David Rothkopf is the internationally acclaimed author of Power, Inc.: The Epic Rivalry Between Big Business and Government--and the Reckoning That Lies Ahead, Superclass: The Global Power Elite and the World They Are Making and Running the World: The Inside Story of the National Security Council and the Architects of American Power. He is the president and chief executive of Garten Rothkopf, an international advisory firm, and a visiting scholar at the Carnegie Endowment for International Peace and CEO and Editor-at-Large of the FP Group, publishers of Foreign Policy Magazine.

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Power, Inc.: The Epic Rivalry Between Big Business and Government--and the Reckoning That Lies Ahead 4.2 out of 5 based on 0 ratings. 6 reviews.
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JYKWA More than 1 year ago
It is a good book if you're interested in the historical aspect, tracing all the way back to the Middle Ages. However, I was expecting more focus on the recent shift in power dynamics between big corporations and governments in the twenty and twenty-first centuries, so the book was a letdown. I hoped for more insight into the rise of big corporations and how it impacted various parts of our lives, from geopolitics to environment to standards of living, through their decisions (e.g. wage, outsourcing, political lobbying). A bit disappointed.
piquajack More than 1 year ago
A very good history lesson from viewpoint of social and economic power, concentrating on corporation's involvement from early in history, and the interplay with government. I am only hesitant on agreeing to his optimistic future of economic justice at the end.