By William J. Holstein
Walker & Company, $26.00, 256 pages
Part one of this outstanding book provides case studies of Pittsburgh and its attempt to advance robot technology; Orlando, Florida and its simulation boom; and San Diego’s genomics industry, with its impact on medicine, education and logistics. Finally, an analysis is made of Cleveland’s program for retraining displaced workers. The basic premise behind these case studies is that America must create a climate of cooperation which other nations, such as Malaysia, South Korea and China, to create the kind of sustainable growth we need to develop for the future.
America needs to create at least 10 million to12 million jobs to repair the damage that a devastating recession has inflicted, even if that recession is technically over.
Of interest to this reviewer was Chapter 11, developing a blueprint for the federal government in industrial policy, which has not been adequately researched. Meanwhile, in Chapter 12, it is maintained that CEOs of large American companies must maintain a strong presence on American soil. In a final chapter, one is shown changes necessary to meet the economic challenges of America.
Part two looks at the ecosystems of the future – for example, Austin, Texas, and its ability to provide renewable energy. Diffusion is seen as a means by which local communities can invest in their wealth. Also it is important to note that export ecosystems are important for creating jobs at home while having strong technologies throughout the world.
In closing, it is safe to say that even with severe budget cuts faced by many companies, education needs to be a top priority to close the gap between skills Americans now possess and the skills American workers need for the future.
Reviewed by Claude Ury