William J. Holstein

What Fortune magazine says about The Next American Economy

Printer-friendly versionSend by email

Andy Serwer, managing editor of Fortune, remarked favorably on my book in his introduction to the magazine's feature called 100 Great Things About America. (July 4.) It does not appear to have been posted online as yet.

"The exercise (of picking 100 great things) may seem to fly right in the teeth of the national zeitgest, as there's more concern than celebration about America right now. All the more reason for doing it, I say. Yes, we face unprecedented challenges, but focusing solely on those vexing issues is not only misdirected but actually dangerous. And the optimists' case isn't just pie in the sky. In his new book, The Next American Economy: Blueprint For a Real Recovery, author William J. Holstein shows that MADE IN AMERICA is still very much alive. Caterpillar (No. 13 on the list) and Beoing (its 747 is No. 29), have done a remarkable job navigating through, and succeeding in, the new global economy. He cites cities like San Diego for genomics, Pittsburgh for robotics, and Cleveland for electronics as hubs of world-class innovation. And he points out that higher wages mean China no longer offers a wide cost advantage for manufacturers.

"To be sure, Holstein writes, we need a better model for cooperation among business, academia, and government, but we are far from a gloom-and-doom starting point. As Alexis de Tocqueville wrote in Democracy in America, "The greatness of America lies not in being more enlightened than any other nation, but rather in her ability to repair her faults."

Not bad to be mentioned in the same breath with De Tocqueville!

(c) 2011 William J. Holstein. All rights reserved.
Website enthusiastically designed and developed by Tyme.
(Powered by Drupal 7)