TURBO CAPITALISM：Winners and Losers in the Global Economy

    In this incisive critical analysis of today's free market capitalism, Edward Luttwak shows how it is vastly different from the controlled capitalism that flourished so successfully from 1945 to the 1980s. Turbo-capitalism is private enterprise liberated from government regulation, unchecked by effective trade unions, unfettered by concerns for employees or investment restrictions, and unhindered by taxation. It promises a dynamic, expanding economy and new wealth.
The winners--the architects and acrobats of techno-organizational change--become much richer; the losers, the majority, become relatively or absolutely poorer and are forced by downsizing to take the traditional jobs of the underclass, more and more of whom end up in prison. Edward Luttwak challenges the conventional wisdom that jobs lost in old industries will be replaced by jobs in new ones. If General Motors fires you, Microsoft will not hire you; instead you'll be working in 'services,' often poorly paid.
Led by the United States, closely followed by Britain, turbo-capitalism is spreading fast throughout Europe, Asia, and the rest of the world (only in France and Japan is there any resistance) without the two great forces that check its enormous power in the United States: a powerful legal system and the stringent rules of American Calvinism. Acknowledging the great efficiency of turbo-capitalism, Luttwak provides no solutions but describes in powerful detail the major societal upheavals and inequities it causes and the broad dissatisfaction and anxiety that may result. He suggests this is a high price to pay for this great dilemma of our times.



作者简介
Edward Luttwak is a strategist, consultant, and writer. He is the author of ten books, including Coup d'État, The Grand Strategy of the Roman Empire, The Pentagon and the Art of War, Strategy: The Logic of War and Peace, and The Endangered American Dream. He is Senior Fellow at the Center for Strategic and international Studies in Washington, D.C

    "They call it the free market, but that is shorthand for much more than the freedom to buy and sell. What they celebrate, preach, and demand is private enterprise liberated from government regulation, unchecked by effective trade unions, unfettered by sentimental concerns over the fate of employees or communities, unrestrained by customs barriers or investment restrictions, and molested as little as possible by taxation. What they insistently demand is the privatization of state-owned businesses of all kind and the conversion of public institutions from universities and botanical gardens to prisons, from libraries and schools to old-age homes into private enterprises run for profit. What they promise is more dynamic economy that will generate new wealth--while saying nothing about the distribution of any wealth, old or new. They call it the free market, but I call it turbo-capitalism because it is so profoundly different from the strictly controlled capitalism that flourished from 1945 until the 1980s, and that brought the sensational novelty of mass affluence to the peoples of the United States, Western Europe, Japan, and all other countries that followed their paths."
-- Edward Luttwak

Acknowledgements
Preface
1 WINNERS AND LOSERS
Turbo-capitalism conquers the world
Two cheers for nasty lawyers
Two more cheers for greedy lawyers
Why American winners have no fun
Why American losers accept their fate
The perils of incomplete imitation
2 WHAT IS TURBO-CAPITALISM?
Controlled capitalism
The retreat of the state
From tradition to contracts
The victory of the computer
Adaptation…and frustration
Money and love
3 GLORIES AND DOWNFALLS OF THE GLOBAL ECONOMY
Booming sales,insecure jobs
'Out-sourcing'-all the way to China
Betting the company
The new prohibitionism
Intolerant justice,unjust tolerance
4 THE MICROSOFT MIRAGE
Titans new and old
Much capital,few jobs
The return of the servants
5 THE RETURN OF POVERTY
Underclass myths
Why wages fall
The rational criminal
6 THE ERA OF UNEMPLOYMENT
The world demand /technology cycle
Growth without jobs
How to eliminate unemployment in five easy steps:a French parable
Japan :full employmetns as the national goal
7 THE THEORY AND PRACTICE OF GEO-ECONOMICS
……
8 THE INDUSTRIAL POLICY DEBATE
9 TURBO-CAPITALISM COMES TO RUSSIA
10 FREE TRADE AS IDEOLOGY
11 MONEY AS RELIGION
12 SHOPPING AS THERAPY
13 THE GREAT DILEMMA
Appendix THE GLOBAL ADVANCE OF TURBO-CAPITALISM
Index