cover image China's Megatrends: The 8 Pillars of a New Society

China's Megatrends: The 8 Pillars of a New Society

John Naisbitt, Doris Naisbitt, . . Harper, $27.99 (257pp) ISBN 978-0-06-185944-1

Naisbitt, author of the 1982 bestseller Megatrends —an analysis of the economic, political, social and cultural transition taking place in the U.S.—collaborates with his wife and turns his focus to our competitor to the east. Why, the authors ask, has “autocratic” China succeeded while many democratically governed states have failed to make economic progress? He tells a compelling story of a country that is maturing in hyperdrive and can concentrate on economics partially because it isn't distracted by election cycles and national soul searching. The book runs down the eight “pillars” of a new society, the strategic moves that have maneuvered China forward, and examines Chinese values, artistic and intellectual ferment, freedom and fairness, media and the swift changes that have brought a country in which wealth was unthinkable and education derided into a place that values entrepreneurism and boasts a business school enrollment comparable to middle-income countries. A thoughtful, ambitious overview sure to be of interest to all those curious about world economics. (Jan.)