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We are living through extraordinary times – a startling civilizational shift in which the tables are being turned on the West and all it stands for. The baby boomers tracked the beginning of this great historical arc, their children are watching it accelerate, and their grandchildren may witness its completion. The rise of the Third World is rooted in social transfers, welfare, and redistribution of wealth in the name of justice. The failing heart of the West is the market. Why do many Third World countries seem to understand and accept this truth? Why does the West only give the nod to it in the form of a mixed economy but appears unable to change course? This remarkable book takes on these questions and, in doing so, unpicks how societies in the West examine themselves and others.
Rupert Hodder was born in Nigeria and educated in England and Hong Kong. He has lived and worked for many years in various parts of Asia. He has spent the last decade as Professor and Associate Dean at the School of Economics at the Harbin Institute of Technology, Shenzhen, China, where he still teaches.