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CONSIDER THIS SHOCKING FACT: while China's number one export to the United States is $46 billion of computer equipment, the number one export from the U.S. to China is waste--$7.6 billion of waste paper and scrap metal.
Bestselling author Clyde Prestowitz reveals the astonishing extent of the erosion of the fundamental pillars of American economic might--beginning well before the 2008 financial crisis--and the great challenge we face for the future in competing with the economic juggernaut of China and the other fast-rising economies. As the arresting facts he introduces show, the U.S. is...

America's democratic ideals have long been the hope of the world, but our allies increasingly see us as abandoning those ideals. It's not hard to understand why. In the months before 9/11, the United States walked away from a number of international treaties including the Kyoto Accord. After the attack, the United States turned a cold shoulder to NATO's offers to assist with the invasion of Afghanistan, unilaterally terminated the ABM treaty, and actively opposed the creation of an International Criminal Court. Then came the war on Iraq, begun despite the clear refusal of the United Nations...