Red Alert: How China's Growing Prosperity Threatens the American Way of Life

The U.S. was galvanized by the terrorist attacks of September 11, but according to economist Leeb, what we should have been worrying about was the contemporaneous emergence of China's enormous impact on commodity conservation and use. By 2012, the Chinese will hold a leading position in every aspect of renewable energy. Leeb argues that we as a nation are not paying enough attention to the threat of China's growing influence; he paints a picture of our government as fundamentally scattered and shortsighted, though his ire isn't aimed at any particular administration. Our political and economic systems don't lend themselves to tackling major problems until they reach crisis proportions, whereas the Chinese are relentlessly long-term thinkers (furthermore, their leaders don't have to answer to a fickle electorate). While we have no plan as to how to secure or develop our resources, China does, and its drive for growth means that its leaders will leave carbon reduction (and other initiatives) to the free market. Though he does touch upon the potential problems China will face, his main purpose is to provoke Americans to wake up to a situation that threatens to destroy our economy and our environment. Terse, well-reasoned, and comprehensive, this is a much-needed shot in the arm for American complacency. (Oct.)