Another look backward (or maybe sideways) by the hawks connected to the US defense establishment and the RAND Corporation. This time they're telling us about the horrors of the Soviet economy and their unquenchable military. No mention is made of Soviet military cutbacks, the lack of same by the US, or American political and military efforts to provoke just this sort of crisis in the Soviet economy. (RC) Annotation copyrighted by Book News, Inc., Portland, OR

As a new president takes over in Washington, three intertwined threats imperil the world. One is internal. The others are external. The internal threat is a potent and increasingly anti-patriotic, anti-competitive, anti-meritocratic, and sky-is-the-limit federal deficit spending political current that is simultaneously diminishing and destabilizing American and global economic vitality. The two major external threats are the rising military power of Russia, China, North Korea, and Iran and a global economic malaise sowing the seeds of discontent. America's role in containing the spread of new wave authoritarianism, and fostering competitiveness and global prosperity is critical, but domestic politics is preventing the Biden administration from adequately responding to these challenges. Biden's America is adrift.America is key to the survival of the free world. America is currently a beleaguered superpower. This book is possibly the first to address the politics shaping the likely course of America's new president in world affairs. It is politics, not idealist and realist abstractions, which determine international security. The world is concerned about what course Biden will take and the likely consequences. It will be the most carefully researched of such books.The book deals explicitly and extensively with issues such as spreading authoritarianism, the emerging new Cold War, global growth retardation, civic discord, economic sanctions, arms control, soft power and the deteriorating correlation of forces. The China weapons section of the book draws from the latest assessment made by the American Department of Defense. The book also includes a section on China's new technology generating innovation model and a chapter on Covid-19.

The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current "backward" financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream "blackboard" economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself. Contents: IntroductionKey Steps Taken by China to Set Off an Industrial RevolutionShedding Light on the Nature and Cause of the Industrial RevolutionWhy is China's Rise Unstoppable?Wha's Wrong with the Washington Consensus and the Institutional Theories?Case Study of Yong Lian: A Poor Village's Path to Becoming a Modern Steel TownConclusion: A New Stage Theory of Economic Development Readership: Academics, undergraduate and graduates students, journalists and professionals interested in economic development, the history of the Industrial Revolution, and especially China's economic transformation and industrial growth, as well as the political economy of governance.

Why has communism’s humanist quest for freedom and social justice without exception resulted in the reign of terror and lies? The authors of this collective volume address this urgent question covering the one hundred years since Lenin’s coup brought the first communist regime to power in St. Petersburg, Russia in November 1917. The first part of the volume is dedicated to the varieties of communist fantasies of salvation, and the remaining three consider how communist experiments over many different times and regions attempted to manage economics, politics, as well as society and culture. Although each communist project was adapted to the situation of the country where it operated, the studies in this volume find that because of its ideological nature, communism had a consistent penchant for totalitarianism in all of its manifestations. This book is also concerned with the future. As the world witnesses a new wave of ideological authoritarianism and collectivistic projects, the authors of the nineteen essays suggest lessons from their analyses of communism’s past to help better resist totalitarian projects in the future.

CONVERSION - in the meantime the term for the process of converting arms industry into industrial production of non-military goods - is becoming a key subject in the building of the eastern economies. These Proceedings contain all important presentations of an international Conference in Dortmund in 1992. Speakers were well known experts from economy, politics, science and military, thus this book gives an up-to-date, excellent overview.