Member-only story

The New Economic Strategy for Winning the Capitalist Cold War

Vince Hayes

·14.4k Followers· Follow

Published in Strategic Capitalism: The New Economic Strategy For Winning The Capitalist Cold War

5 min read · 2 weeks before

170 View Claps

19 Respond

Save

Listen

The world is in the midst of a new cold war, a capitalist cold war. This war is not fought with guns and bombs, but with economics. The United States and China are the two superpowers in this war, and they are vying for global economic dominance.

Strategic Capitalism: The New Economic Strategy for Winning the Capitalist Cold War

by Donald L. Barlett

4.7 out of 5

Language	:	English
File size	:	2544 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	337 pages

The United States has been the dominant economic power in the world for over a century. But China is rapidly catching up. In 2014, China's economy was about 60% the size of the US economy. By 2025, it is projected to be larger than the US economy.

This shift in economic power has major implications for the world. It means that China will have more say in how the global economy is run. It also means that China will be able to use its economic power to influence other countries.

The United States cannot afford to let China win the capitalist cold war. If China becomes the dominant economic power in the world, it will be able to dictate the terms of trade and investment. This would give China a major advantage over the United States and its allies.

The United States needs to adopt a new economic strategy to win the capitalist cold war. This strategy must focus on innovation, investment, and education. The United States must also work to reduce its trade deficit with China and other countries.

The new economic strategy outlined in this book provides a roadmap for winning the capitalist cold war. This strategy is based on the principles of free trade, free markets, and the rule of law. It is a strategy that will help the United States to maintain its economic leadership and to ensure that the global economy remains open and free.

The Principles of the New Economic Strategy

The new economic strategy is based on the following principles:

Free trade: The United States should promote free trade and open markets. This will help to increase economic growth and prosperity.
Free markets: The United States should allow the free market to determine prices and allocate resources. This will help to ensure that the economy is efficient and productive.
The rule of law: The United States should uphold the rule of law and protect private property rights. This will help to create a stable and predictable environment for businesses and investors.

The Elements of the New Economic Strategy

The new economic strategy includes the following elements:

Innovation: The United States must invest in innovation and research and development. This will help to create new products and services that will drive economic growth.
Investment: The United States must invest in infrastructure, education, and other public goods. This will help to create a more productive and competitive economy.
Education: The United States must invest in education to ensure that its workforce has the skills needed to compete in the global economy.
Trade: The United States must work to reduce its trade deficit with China and other countries. This will help to improve the US balance of payments and to protect American jobs.

The Benefits of the New Economic Strategy

The new economic strategy will provide a number of benefits for the United States, including:

Increased economic growth: The new economic strategy will help to increase economic growth by promoting innovation, investment, and education.
Increased prosperity: The new economic strategy will help to increase prosperity by creating new jobs and raising wages.
A more competitive economy: The new economic strategy will help to make the US economy more competitive by investing in infrastructure, education, and other public goods.
A more secure future: The new economic strategy will help to ensure that the United States remains the dominant economic power in the world and that the global economy remains open and free.

The capitalist cold war is a serious challenge to the United States. But it is a challenge that the United States can and must win. The new economic strategy outlined in this book provides a roadmap for victory. This strategy is based on the principles of free trade, free markets, and the rule of law. It is a strategy that will help the United States to maintain its economic leadership and to ensure that the global economy remains open and free.

Strategic Capitalism: The New Economic Strategy for Winning the Capitalist Cold War

by Donald L. Barlett

4.7 out of 5