Introduction

Given the powerfully negative and ongoing impact of the Great Recession on western economies, the question of whether historically wealthy nations—the US, Western European countries, Japan—can stay wealthy has become an overriding concern for virtually every interested observer.

Can their middle classes remain comfortable as more and more good and technically skilled jobs disappear to other parts of the world? Can they support themselves as they devote more and more economic resources to an aging population base?

About the Book

In The Third Globalization, eminent political economists Dan Breznitz and John Zysman gather some of the discipline's leading scholars to assess the prospects for growth and prosperity among advanced industrial nations.