Capital Wars: The New East-West Challenge for Entrepreneurial Leadership and Economic Success (Criminal Practice Series) - Hardcover

Daniel Pinto has written an important and penetrating critique of Western capitalism. Pinto argues that the West has lost the spirit of entrepreneurial capitalism embodied in owner managed companies much more common in the Far East. Western companies, he argues, have become bureaucratic behemoths, struggling with regulation and notions of `good governance'. Meanwhile, he warns us, the shift in economic power continues to move to Asia. This book deserves a wide circulation in the corridors of Whitehall. -- Norman Lamont (the Lord Lamont of Lerwick) * former Chancellor of the Exchequer, United Kingdom * In Capital Wars, Daniel Pinto makes a compelling case for a new kind of entrepreneurial spirit needed to resuscitate Western economies. Five years after the global financial crisis delivered a near-fatal blow to our capitalist model, he argues that a new breed of modern-day entrepreneur is essential to build the wealth-creating businesses of the future. His forward-looking perspective is a breath of fresh air and he's absolutely right; if businesses in the more developed economies do rise to the challenge of `entrepreneurial reinvigoration', it'll put us back on track to deliver long-term economic growth and shared prosperity in the West. -- Antony Bamford (the Lord Bamford) * Chairman of JCB * Risky, long-term research and development, not short term profit hunting, leads to sustainable growth. It is why I have kept Dyson private. It allows us to explore technology properly, to get meaningful results. This approach is too slow and risky for some shareholders - Capital Wars addresses this head on. -- Sir James Dyson * founder of the Dyson Company * Daniel Pinto has written a remarkable book. He begins with an informed and merciless analysis of how the West has strayed; and then goes on to propose a practical programme for change that makes instinctive and inspiring sense: all in admirable English. If our leaders are wise enough to read, digest and apply, the West will be entitled to fear less and hope for more than current opinion holds. -- Sir Martin Sorrell * CEO, WPP * Daniel Pinto offers a timely challenge to the West via a fascinating exploration of the dynamic East. -- Lord Browne of Madingley * former CEO of BP and the UK Government's Lead Non-Executive Director * This is not another ponderous tome by a dabbling academic outsider, but a broad, spirited, articulate and incredibly well-informed assessment of both global economic performance over the past two decades and prospects for the future. -- R. M. Whaples * CHOICE connect, a publication of the Association of College and Research Libraries, a division of the American Library Assocation *

Just a few years is all it took for the debt crisis to bring down the mighty `twin towers' of American and European capitalism and undo two centuries of Western dominance on the world's economic and political stage. Daniel Pinto offers a unique insight into how the East is winning the battle for economic supremacy, thereby shaping the new world order and leaving America and Europe with no choice but to reinvent themselves. Drawing on his own experience at the highest levels of business and finance, Pinto dismisses the common notion that globalisation is to blame for anaemic growth, massive unemployment and over-indebtedness. Instead, he argues that by killing our own entrepreneurial spirit, we have set the stage for the demise of the West and the rise of emerging powers. Capital Wars is a road map designed to re-energise large corporations, better control financial markets and reposition the entrepreneur at the centre of the Western capitalist model in order to regain economic dominance.