Building Wealth: The New Rules for Individuals, Companies, and Nations in a Knowledge-Based Economy

There is no doubt that we are in the middle of a transition to a knowledge-based economy. Breakthrough technologies in microelectronics, biotechnology, new materials, telecommunications, robotics, and computers are fundamentally changing the game of creating wealth. While these new industries are growing explosively, existing industries such as banking and retail are being transformed beyond recognition. As a result, a new global economy is emerging to replace existing national economies.

What will it take for individuals, companies, and entire countries to succeed in the new economics of the twenty-first century? Rather than focusing on spending, Lester C. Thurow argues that we must emphasize investment in basic knowledge, education, and infrastructure. Only by committing ourselves to building communal wealth can we maximize opportunities for building personal wealth as well. Building Wealth is an indispensable guide to surviving -- and thriving -- in the economies of the twenty-first century.

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Recent Reviews

1/5: From: Amazon; Posted: Jun-08-2004; How can one be wrong so much, and yet be successful?; It is so sad how wrong someone can be proven over and over again and still, he/she is rewarded, called a genius and is allowed to teach our youth. Here is a quote from the author: "Can economic command significantly... accelerate the...; read full review | report as inappropriate

4/5: From: Amazon; Posted: Aug-26-2003; A Wealth of Knowledge! Must Have For The 21st Century!; Heh, a reviewer claimed that the book is out dated, and reffered to the media hyped "technology meltdown" as a reason to give up home in technology and the building of wealth through intellect. We are now 2 years into the 21st century...; read full review | report as inappropriate

5/5: From: Amazon; Posted: Aug-02-2002; How Rich Countries Get Rich; Overall, it is a fascinating read for anyone interested in economics, or how rich countries become rich. Lots of good facts which reflect on the competitive, and opportunistic capitalist paradigm we currently live in. 1) There has been...; read full review | report as inappropriate

2/5: From: Amazon; Posted: May-23-2001; badly dated, often wrong, but worrisome in the right ways; Before the high tech stock meltdown last year, techno-boosters breathlessly proclaimed a "third industrial revolution," that of the "knowledge-based" or "new" economy. Unlike revolutions one and two - the steam engine and then the...; read full review | report as inappropriate

Selected Reviews

4/5: From: Amazon; Posted: Aug-26-2003; A Wealth of Knowledge! Must Have For The 21st Century!; Heh, a reviewer claimed that the book is out dated, and reffered to the media hyped "technology meltdown" as a reason to give up home in technology and the building of wealth through intellect. We are now 2 years into the 21st century...; read full review | report as inappropriate

3/5: From: Amazon; Posted: Aug-13-1999; Building Wealth + The Future of Capitalism = One Great Book; This books is really an addendum to The Future of Capitalism. Concerning the third wave economy, he says little that he and others (i.e., Reich, Ohmae, etc.) haven't said before. What's new here is some amount of advice that is broadly...; read full review | report as inappropriate

1/5: From: Amazon; Posted: Jun-08-2004; How can one be wrong so much, and yet be successful?; It is so sad how wrong someone can be proven over and over again and still, he/she is rewarded, called a genius and is allowed to teach our youth. Here is a quote from the author: "Can economic command significantly... accelerate the...; read full review | report as inappropriate