Dangerous Business: The Risks of Globalization for America Review

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Dangerous Business: The Risks of Globalization for America Review
Americans of a certain age know that something is wrong. Their nation is not what it used to be. But what exactly is the matter? Pat Choate provides a thoroughly researched and authoritative answer: the recent fashion for radical globalism has driven American society off a cliff. Of course, other writers have already taken shots at globalism but few if any have come to the subject with a greater depth of experience or a more acute intellect than Choate. Add in the fact that Choate is a born writer with powers of explication that other policy analysts can only dream of and the result is a remarkable tour de force that is must reading for any American concerned about his or her nation's future.

Again and again Choate, an economist and best selling author who was Ross Perot's vice presidential running mate in 1996, comes up with devastating facts that give the lie to the globalist chop logic that has driven American policy-making in recent years.

As he points out, a fundamental issue is the extent to which Washington has come to be run by lobbyists -- and particularly lobbyists acting in various guises for foreign governments and industries. The activities of the K Street lobbying system have not only greatly speeded up the acceptance of globalism by America's largely economically illiterate elite but, in a pernicious self-feeding process, have been facilitated by such acceptance.
His analysis ranges widely over such issues as the farcically counterproductive U.S. effort to create the World Trade Organization; America's vulnerability to illness spread via imports of contaminated food; the U.S. Defense Department's inability to keep track of its dependency on foreign suppliers for vital high-tech components; and perhaps most alarmingly the possibility that a foreign adversary could hide deadly Trojan Horse computer "viruses" in such components.

Choate is undoubtedly right in naming the American media as a key factor in the historic debacle radical globalism has wrought. America's most prestigious newspapers in particular have been colonized by a self-perpetuating oligarchy of smart aleck editors whose understanding of economics does not go beyond chanting that "the market is always right" -- a mantra that any first-year economics student knows is more honored in the breach than in the observance. Hailed as geniuses by the Davos crowd, such editors affect a "let them eat cake" attitude towards the millions of Americans who have had their livelihoods destroyed by unfair trade. No wonder Ben H. Bagdikian, a prominent Berkeley journalism professor quoted by Choate, observes that, "trying to be a first-rate reporter on the average American newspaper is like trying to play Bach's 'St. Matthew's Passion' on a ukulele."

That may be so but -- at least for a while longer -- books will continue to be published that hold nothing back. No book has done a better job of explaining the problems of radical globalism than Dangerous Business.
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