Book Bits: 29 October 2022

Overreach: How China Derailed Its Peaceful Rise
Susan L. Shirk
Quote from author via
“In the past, everyone took for granted that the Chinese leadership is going to make the adjustments it needs to make to keep its economy humming,” says Susan Shirk, a Deputy Assistant Secretary of State for East Asian and Pacific Affairs under Bill Clinton, and author of Overreach: How China Derailed Its Peaceful Rise. “But now they’re overreaching and harming their own economic development.”

Robots and Immigrants: Who Is Stealing Jobs?
Kostas Maronitis and Denny Pencheva
Summary via publisher (Bristol U. Press)
Who steals jobs? Who owns jobs? Focusing on the competitive labour market, this book scrutinises the narratives created around immigration and automation. The authors explore how the advances in AI and demands for constant flow of immigrant workers eradicate political and working rights, fuelling fears over job theft and ownership. Shedding light on the multiple ways in which employment is used as an instrument of neoliberal governance, this revealing book sparks new debate on the role of automation and migration policies.

Inside Vanguard: Leadership Secrets From the Company That Continues to Rewrite the Rules of the Investing Business
Charles Ellis
Summary via publisher (MH Professional)
This rare intimate look at the world’s fastest growing investment manager provides invaluable lessons for investors and business leaders. One of the world’s largest and most trusted investing institutions, Vanguard serves over 30 million clients, manages more than eight trillion dollars, and is an influential industry disruptor. Now, Charles D. Ellis–referred to by Money magazine as “Wall Street’s wisest man”–reveals the story behind Vanguard’s rise to the top of the investing world. Provided unprecedented access to Vanguard’s leaders, Ellis explains why Jack Bogle started Vanguard and how he and his successors developed it into an investment industry disrupter that became the global leader

The Titanium Economy: How Industrial Technology Can Create a Better, Faster, Stronger America
Asutosh Padhi, et al.
Summary via publisher (Public Affairs Books)
The future of the American economy is hiding in an unlikely place: the manufacturing sector. While Silicon Valley titans dominate headlines, many of the fastest-growing, most profitable companies in the United States are firms you’ve likely never heard of, such as HEICO, Trex, and Casella. These booming companies belong to a burgeoning sector—industrial tech—that offers surprising hope to workers, consumers, and investors alike. Their role: to make a range of products—aerospace parts, for example, or recycled plastic lumber—that quietly form the backbone of America’s biggest industries. In an age of instability, industrial tech is a cornerstone of our economic future.

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