In the Jaws of the Dragon
America's Fate in the Coming Era of Chinese Dominance
St. Martin's Griffin
In recent years, popular wisdom has held that opening American markets to Chinese goods was the best way to promote democracy in Beijing—that the Communist Party's grip would quickly weaken as increasingly affluent Chinese citizens embraced American values. That popular wisdom was wrong. As Eamonn Fingleton shows in this devastating book, the culmination of twenty years of research and study, instead of America changing China—i.e., making China more democratic—China is changing America.
While the Chinese people's rising affluence is, of course, an occasion for wholehearted rejoicing, Uncle Sam should give the Chinese power system a wide berth—lest he catch his coattails in the jaws of a dragon.
Two bets are on the table. One has been placed by the Washington policymaking establishment; the other, by the leadership of the Chinese Communist Party.
Analyzing China's prospects in terms of the currently fashionable globalist...
Praise for In the Jaws of the Dragon
“America's fate looks dicey in the showdown with the Chinese juggernaut, warns this vigorous jeremiad. . . . his economic analysis is incisive.” —Publishers Weekly
“One of the most powerful, shocking, well-written, solidly documented, tear-the-scales-from-your-eyes books I've read in more than two decades. . . . I couldn't put this book down--at least 100 of its 310 pages are dog-eared and highlighted. It's probably the most important book that's ever been written about the future of our republic.” —Thom Hartmann
“Eamonn Fingleton demonstrates once again why his analyses of modern capitalism deserve serious attention. He lays out the consequences of seeing China the way outsiders would like it to be, rather than the way it is.” —James Fallows, The Atlantic Monthly
“Eamonn Fingleton's riveting and provocative book is required reading for anyone who cares about the U.S.-China relationship.” —Senator Byron L. Dorgan, author of the New York Times bestseller Take This Job and Ship It-