num_pages: 240
description: In How the West Was Lost the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the Wests economic supremacy. She examines how the Wests flawed financial decisions have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world especially China. Amid the hype of Chinas rise however the most important story of our generation is being pushed America is not just in economic decline but on course to become the biggest welfare state in the history of the West. The real danger is a thome Moyo claims. While some countries  such as Germany and Sweden  have deliberately engineered and financed welfare states the United States risks turning itself into a bloated welfare state not because of ideology or a larger vision of economic justice but out of economic desperation and short-sighted policymaking. How the West Was Lost reveals
language: English
title: How the West Was Lost: Fifty Years of Economic Folly- and the Stark Choices Ahead
publisher: Farrar, Straus and Giroux