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Hardcover
230 pages
ISBN 9781591843016 Published May 2010
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Posted April 30, 2012 11:01 a.m. by dylan
In - 800 CEO Read Blog
One of the real stand-out successes in business books of 2010 was Ian Bremmer's The End of the Free Market. It stood out because it wasn't a typical business book—it seemed like something more likely to come out of Foreign Affairs than Portfolio—and there wasn't much precedent for a book of its type being a big commercial hit in the genre.
His previous book, The J Curve: A New Way to Understand Why Nations Rise and Fall was a critical success, selected by The Economist as one of the best books of 2006, and got him on some of the cable talk shows, but The End of the Free Market turned into a national bestseller. I mean, here was a nuanced and wonky text by the founder of a political risk consultancy about the growing schism between free markets and state capitalism around the world, and where on that continuum states around the world fall, that forecast a potential economic showdown between the two systems—pretty heady, dense material—and it was a hit! People ate it up. To call it's success a surprise is probably an understatement—despite how well connected its author may be.
This week, Portfolio is releasing Bremmer's follow-up to that success, Every Nation for Itself: Winners and Losers in A G-Zero World, and we're fortunate to have an excerpt for you. From the book's introduction, here is Ian Bremmer:
For the first time in seven decades, we're living in a world without leadership. In the United States, endless partisan combat and mounting federal debt have downgraded hopes for full recovery from the Great Recession, stoking fears that America's best days are done. Across the Atlantic, a debt crisis cripples confidence in Europe, its institutions, and its future. In Japan, the rebuilding following an earthquake, tsunami, and nuclear meltdown has proven far easier than recovery from more than two decades of political and economic malaise. A generation ago, these were the world's powerhouses. With Canada, they made up the G7, the group of free-market democracies that powered the global economy forward. Today, they are struggling just to find their footing.
Not to worry, say those who herald the "rise of the rest." As established powers sink into late middle age, a new generation of emerging states will create a rising tide that lifts all boats. Increasingly dynamic China, India, Brazil, Turkey and other emerging markets will fuel the world's economic engine for many years to come. Americans and Europeans can take comfort, we're told, that other states will do a larger share of the heavy-lifting as their own economic engines rattle forward at a slower pace. Unfortunately, rising powers aren't yet ready to take them on either. For now, governments of emerging states will instead be focused on managing the next critical stages of their own economic development.
In a world where so many challenges transcend borders—from the stability of the global economy and climate change to cyber-attacks, terrorism, and the security of food and water—the need for international cooperation has never been greater. Cooperation demands leadership. Leaders have the leverage to coordinate multinational responses to transnational problems. They have the wealth and power to persuade other governments to take actions they wouldn't otherwise take. They pick up the checks that others can't afford and provide services no one else will pay for. On issue after issue, they set the international agenda. These are responsibilities that the West is now much less able to afford and that emerging powers are not ready to accept.
Nor are we likely to see leadership from global institutions. At the height of the financial crisis in November 2008, political leaders of the world's most influential established and emerging countries gathered in Washington under the banner of the G20, the expanded group of leading economic powers. The G20 helped limit the damage, but the sense of collective crisis soon lifted, cooperation quickly evaporated, and G20 summits have since produced virtually nothing of substance. Nor are institutions like the UN Security Council, the International Monetary Fund, and the World Bank likely to provide real leadership, because they no longer reflect the world's true balance of political and economic power.
If not the West, the rest, or the institutions where they come together, who will lead? The answer is no one. Neither the once-dominant G7 nor the unworkable G20. We have entered the G-Zero, a world in which, for the first time since the end of World War II, there is no single power or alliance of powers ready to take on the challenges of global leadership.
[Every Nation for Itself] is not about the decline of the West, because America and Europe have overcome adversity before and are well-equipped over the long run to do it again. Nor is it about the rise of China and other emerging market players, because the governments of these countries now stand on the verge of tremendous tests at home. Not all of them will continue to rise, and it will take much longer than anyone expects for those that emerge to prove their staying power. This is a book about a world in transition, one that is especially vulnerable to crises that appear suddenly and from unexpected directions. Nature still hates a vacuum, and the G-Zero won't last forever. But over the next decade and perhaps longer, a world without leaders will undermine our ability to keep the peace, to expand opportunity, to reverse the impact of climate change, and to feed growing populations. Its effects will be felt in every region of the world—and even in cyberspace.
Excerpted from Every Nation for Itself: Winners and Losers in a G-Zero World
Copyright © Ian Bremmer, 2012
All rights reserved
Reprinted by arrangement with Portfolio, a member of Penguin Group (USA), Inc., Copyright (c) Ian Bremmer, 2012.
About the Author
Ian Bremmer is a president of Eurasia Group, the world's leading global politcal risk research and consulting firm. He has written for The Wall Street Journal, The Washington Post, Newsweek and Foreign Affairs. His most recent books include The J Curve and The End of the Free Market. He lives in New York City and Washington, D.C.
The Bestsellers of 2010
Posted Dec. 30, 2010 8:57 a.m. by dylan
In - 800 CEO Read Blog
This year saw a big development in our monthly bestseller lists, as Inc. magazine decided to partner with us to spread the word about what books businesspeople are purchasing for themselves and their teams. Thus was born the Inc./800-CEO-READ Business Book Bestseller List.
We've recently compiled the numbers for the entire year, giving weight to both total sales numbers and how long each book stayed on the list (and at what number), and we are now pleased to present
the bestsellers of 2010.
- Strengths Finder 2.0 by Tom Rath; Gallup Press
- The Go-Giver: A Little Story about a Powerful Business Idea by Bob Burg, John David Mann ; Portfolio
- Switch: How to Change Things When Change Is Hard By Chip Heath, Dan Heath, Broadway
- Love Leadership: The New Way to Lead in a Fear-Based World by John Hope Bryant; Jossey-Bass
- Return of the Gold: The Journey of Jerry Colangelo and the Redeem Team by Dan Bickley; Morgan James Publishing
- Doing Both: How Cisco Captures Today's Profit and Drives Tomorrow's Growth By Inder Sidhu , FT Press
- Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money by Robert T Kiyosaki; Business Plus
- Accelerating Out of the Great Recession: How to Win in a Slow-Growth Economy by David Rhodes, Daniel Stelter; McGraw-Hill
- Linchpin: Are You Indispensable? by Seth Godin; Portfolio
- What Got You Here Won't Get You There: How Successful People Become Even More Successful by Marshall Goldsmith, Mark Reiter; Hyperion
- How Companies Win: Profiting from Demand-Driven Business Models No Matter What Business You're In by Rick Kash, David Calhoun ; HarperBusiness
- Keep Swinging: An Entrepreneur's Story of Overcoming Adversity & Achieving Small Business Success by Jay Myers, Darren Dahl; Morgan James Publishing
- Six Pixels of Separation: Everyone Is Connected. Connect Your Business to Everyone by Mitch Joel, Business Plus
- Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming... and How You Can Prepare Yourself and Profit from It! by Robert T Kiyosaki, Sharon L Lechter; Business Plus
- Mojo: How to Get It, How to Keep It, How to Get It Back If You Lose It by Marshall Goldsmith; Hyperion
- The M-Factor: How the Millennial Generation Is Rocking the Workplace by Lynn Lancaster, David Stillman; HarperBusiness
- Employees First, Customers Second: Turning Conventional Management Upside Down by Vineet Nayar, Harvard Business Press
- The Medici Effect: Breakthrough Insights at the Intersection of Ideas, Concepts, and Cultures by Frans Johansson; Harvard Business Press
- Different: Escaping the Competitive Herd by Youngme Moon; Crown
- Empowered: Unleash Your Employees, Energize Your Customers, and Transform Your Business by Josh Bernoff, Ted Schadler; Harvard Business Press
- The End of the Free Market: Who Wins the War Between States and Corporations? by Ian Bremmer; Portfolio
- Spend Shift: How the Post-Crisis Values Revolution Is Changing the Way We Buy, Sell, and Live By John Gerzema, Michael D'Antonio; Jossey-Bass
- Crush It!: Why Now Is the Time to Cash in on Your Passion by Gary Vaynerchuck; Harper Studio
- The Mirror Test: Is Your Business Really Breathing? by Jeffrey W Hayzlett, Jim Eber; Business Plus
- Inside Every Woman: Using the 10 Strengths You Didn't Know You Had to Get the Career and Life You Want Now by Vickie Milazzo; John Wiley & Sons
To follow what books the business world is digesting every month, subscribe to the RSS feed for The Business Book Bestseller List.
Summer 2010: International Best Sellers
Posted Oct. 8, 2010 4:39 a.m. by the-roy
In - 800 CEO Read Blog
I know, I know - I promised there would not be a long gap for best selling books around the country - but it has been a pretty busy summer! So, I will not prolong the wait... Here are 8CR's top books for the months of June, July, August & September!
# 1 - India: Corporate Lattice: Achieving High Performance in the Changing World of Work by Cathleen Benko and Molly Anderson
# 2 - France: Iconoclast: A Neuroscientist Reveals How to Think Differently by Gregory Berns
# 3 - Singapore: Different: Escaping the Competitive Herd by Youngme Moon and Lynn Carruthers
# 4 - Australia: Lords of Strategy: The Secret Intellectual History of the New Corporate World by Walter Kiechel
# 5 - Brussels: Making Ideas Happen: Overcoming the Obstacles Between Vision and Reality by Scott Belsky
# 6 - Mexico: End of the Free Market: Who Wins the War Between States and Corporations? by Ian Bremmer
# 7 - Canada: Strengths Finder 2.0 by Tom Rath
# 8 - Spain: Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity by Richard Florida
# 9 - The Netherlands: Empowered: Unleash Your Employees, Energize Your Customers and Transform Your Business by Josh Bernoff and Ted Schadler
# 10 - France: The Trusted Advisor by David H. Maister, Charles H. Green and Robert M. Galford
HAPPY READING, EVERYONE!
The Financial Times & Goldman Sachs Business Book Award: The Longlist
Posted Aug. 9, 2010 7:23 a.m. by dylan
In - 800 CEO Read Blog
The longlist for The Financial Times and Goldman Sachs Business Book of the Year was announced this morning. And just as interesting as the list itself, which includes a novel this year, is the fact that Lloyd Blankfein is recusing himself as a judge. He is doing so because "a number of books on this year’s longlist address various aspects of the financial crisis," a crisis Blankfein was intimately involved in as CEO of Goldman Sachs. Hi is, in fact, a subject in some of those books—including Too Big to Fail, which we named the 800-CEO-READ Business Book of the Year* in 2009.
The Financial Times and Goldman Sachs longlist for 2010 is:
- The End of the Free Market: Who Wins the War Between States and Corporations? by Ian Bremmer, Portfolio
- How Markets Fail: The Logic of Economic Calamities by John Cassidy, Farrar, Straus and Giroux
- Circle of Greed: The Spectacular Rise and Fall of the Lawyer Who Brought Corporate America to Its Knees by Patrick Dillon and Carl M. Cannon, Broadway Books
- Fortune's Fool: Edgar Bronfman, Jr., Warner Music, and an Industry in Crisis by Fred Goodman, Simon & Schuster
- Union Atlantic: A Novel by Adam Haslett, Nan A Talese
- The Art of Choosing by Sheena Iyengar, Twelve
- The Lords of Strategy: The Secret Intellectual History of the New Corporate World by Walter Kiechel, Harvard Business Review Press
- The Facebook Effect: The Inside Story of the Company That Is Connecting the World by David Kirkpatrick, Simon & Schuster
- The Big Short: Inside the Doomsday Machine by Michael Lewis, W.W. Norton
- More Money than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby, Penguin Press
- All the Devils Are Here: The Hidden History of the Financial Crisis by Bethany McLean and Joe Nocera, Portfolio
- What Works: Success in Stressful Times by Hamish McRae, HarperCollins
- Fault Lines: How Hidden Fractures Still Threaten the World Economy by Raghuram Rajan, Princeton University Press
- The Rational Optimist: How Prosperity Evolves by Matt Ridley, HarperCollins
- Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves by Andrew Ross Sorkin, Viking
- MacroWikinomics: Rebooting Business and the World, Don Tapscott & Anthony Williams, Portfolio
*A reminder to authors and publishers out there, we are now accepting submissions for the 800-CEO-READ Business Book Awards for 2010.
Friday Links
Posted May 14, 2010 11:23 a.m. by dylan
In - 800 CEO Read Blog
➻ If you'd like to get a taste of Bob Sutton's upcoming book, Good Boss, Bad Boss (due out with Business Plus in September), he posted a small gem that didn't make it in the book, the leadership philosophy of John Lilly, CEO of Mozilla:
Life is a lot better when I think about my job as one of helping everyone ...
He expands upon this some more in the post, and I think I can safely say that if that's what's been culled, then what made it in the book is going to be very worth picking up and absorbing.
➻ "Would you go to a dinner party and just repeat what the person to the right of you is saying all night long? Would that be interesting to anybody?" The obvious answer is... well, yes. It would by annoying, but hilarious. But, Rework author Jason Fried wasn't really thinking in absurdist hypotheticals in that sentence, he was answering the question "Why Is Business Writing So Awful?" and providing some positive examples as remedies, to boot.
➻ Also on the Rework front, we hosted our seventh PechaKucha night here in Milwaukee on Tuesday, which included a presentation from the book's illustrator, Mike Rohde, about sketchnotes. We also had local artists dwellephant and Kristopher Pollard on hand to document the event with portraits—both of the attendees and the presentations themselves. (We'll have more on that next week.)
➻ Devin Stewart, Program Director and Senior Fellow at the Carnegie Council for Ethics in International Affairs, wrote a very good review of The End of the Free Market: Who Wins the War between States and Corporations? over at The Huffington Post. The book isn't about the tired arguments between New-Deal Democracy and Reagan Republicanism in America, but about how the tools of state-run capitalism (in places like China and Russia) threaten free-markets around the world. In the book, Bremmer poses hypotheticals, including:
[G]iven the mutually assured economic destruction (or interdependence) between the United States and China, what happens if China closes the door?
The book describes a competition between two separate visions of capitalism that increasingly looks like a economic Cold War.
➻ The folks over at strategy+business know their business books, as is evidenced by them having Tony Hseih, CEO of Zappos and author of the forthcoming Delivering Happiness (we're very excited about), introduce an excerpt from Switch by Chip and Dan Heath.
➻ If you are a human being with a beating heart, you might want to check out War of Art author Steven Pressfield's interview with Jonathan Fields, author of Career Renegade.
➻ You guys can keep you fancy Kindles and iPads, I'm sticking with my Electronic Book from Radio Shack, circa 1986. It's affordable.
➻ Turnover can be a good thing.
