Cool War

Cool War

The Future of Global Competition

Book - 2013
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Random House, Inc.
A bold and thought-provoking look at the future of U.S.-China relations, and how their coming power struggle will reshape the competitive playing field for nations around the world

The Cold War seemingly ended in a decisive victory for the West. But now, Noah Feldman argues, we are entering an era of renewed global struggle: the era of Cool War. Just as the Cold War matched the planet’s reigning superpowers in a contest for geopolitical supremacy, so this new age will pit the United States against a rising China in a contest for dominance, alliances, and resources. Already visible in Asia, the conflict will extend to the Middle East (U.S.-backed Israel versus Chinese-backed Iran), Africa, and beyond.

Yet this Cool War differs fundamentally from the zero-sum showdowns of the past: The world’s major power and its leading challenger are economically interdependent to an unprecedented degree. Exports to the U.S. account for nearly a quarter of Chinese trade, while the Chinese government holds 8 percent of America’s outstanding debt. This positive-sum interdependence has profound implications for nations, corporations, and international institutions. It makes what looked to be a classic contest between two great powers into something much more complex, contradictory, and badly in need of the shrewd and carefully reasoned analysis that Feldman provides.

To understand the looming competition with China, we must understand the incentives that drive Chinese policy. Feldman offers an arresting take on that country’s secretive hierarchy, proposing that the hereditary “princelings” who reap the benefits of the complicated Chinese political system are actually in partnership with the meritocrats who keep the system full of fresh talent and the reformers who are trying to root out corruption and foster government accountability. He provides a clear-eyed analysis of the years ahead, showing how China’s rise presents opportunities as well as risks. Robust competition could make the U.S. leaner, smarter, and more pragmatic, and could drive China to greater respect for human rights. Alternatively, disputes over trade, territory, or human rights could jeopardize the global economic equilibrium—or provoke a catastrophic “hot war” that neither country wants.

The U.S. and China may be divided by political culture and belief, but they are also bound together by mutual self-interest.Cool War makes the case for competitive cooperation as the only way forward that can preserve the peace and make winners out of both sides.

Praise for Cool War

“A timely book . . . sharp, logical and cool.”The Economist

“Noah Feldman’s dissection of the United States–China relationship is smart, balanced, and wise.”—Robert D. Kaplan,New York Times bestselling author of The Revenge of Geography

“Compelling . . . Feldman’s book carries enough insight to warrant serious attention from anyone interested in what may well be the defining relationship in global affairs for decades to come.”Kirkus Reviews

“A worthwhile and intriguing read.”—The Washington Post

“Masterfully elucidates China’s non-democratic/non-communist new form of government.”Publishers Weekly

Baker & Taylor
Argues that the United States and China are in a contest for dominance, alliances, and resources, focusing on the global economic impact of this "cool war" instead of the political consequences.

Baker
& Taylor

Offers a thought-provoking look at the future of U.S.-China relations, and how the two world leaders' coming power struggle will reshape the competitive playing field for nations around the world.

Publisher: New York : Random House, [2013]
ISBN: 9780812992748
0812992741
Branch Call Number: 327.73051 F333c
Characteristics: xiv, 201 pages ; 25 cm

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StarGladiator
Apr 15, 2016

Very good descriptions of China's inner workings, seldom correctly reported by others. Major problem, though, is the author's stance on competitivness, which is completely nonsensical: with Corporate America shipping jobs, technology and investment there - - where is the competition? Rather strange shortcomings on the author's side???
[As Alfred McCoy explains so succinctly recently, the Trans-Pacific Partnership is the Wall Street strategy to economically contain China for this century, but since it will reduce the wages of 90% of American workers, it definitely won't benefit us!]

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1aa
Oct 06, 2015

The explanation of the transition of elites, and their production, in China is explained without undue terminology. The awkward relations are described the problems they give rise to are clearly written. Its a rather brief work, its more like a long essay, and some points are made tersely, such as wealth based on credit and debt rather than physical assets and how that functions to give incentives to avoid war.

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