The world’s population is rapidly aging – by the year 2030, one billion people will be sixty-five or older. As the ratio of the old to the young grows ever larger, global aging has gone critical: For the first time in history, the number of people over age fifty will be greater than those under age seventeen. Few of us understand the resulting massive effects on economies, jobs, and families. Everyone is touched by this issue – parents and children, rich and poor, retirees and workers – and now veteran journalist Ted C. Fishman masterfully and movingly explains how our world is being altered in ways no one ever expected.
What happens when too few young people must support older people?
What happens when countries need millions of young workers but lack them?
How do compa¬nies compete for young workers?
Why, exactly, do they shed old workers?
How are entire industries being both created and destroyed by demographic change? How do communities and countries remake themselves for ever-growing populations of older citizens?
Who will suffer? Who will benefit?
With vivid and witty reporting from American cities and around the world, and through compelling interviews with families, employers, workers, economists, gerontologists, government officials, health-care professionals, corporate executives, and small business owners, Fishman reveals the astonishing and interconnected effects of global aging, and why nations, cultures, and crucial human relationships are changing in this timely, brilliant, and important read.
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What will happen when China can manufacture nearly everything that the United States and Europe can, at one-third the cost? It's a ground-shaking question and, when it comes to the West's future economic health, not everyone will want to hear the answer. The burgeoning output of China's vast low-cost factories and the swelling appetite of its 1.3 billion consumers, both of which are driven by infusions of foreign capital and technological know-how, are rapidly altering global commerce. In CHINA INC., Ted Fishman, shows that economics is just where the story begins. Fishman paints a vivid picture of how the mega trends radiating out of China are shaping the day-to-day lives of people everywhere. Drawing on hundreds of interviews with Chinese, European and American workers, managers, and executives, Fishman also tells how China will force all of us to make big changes in how we think about ourselves as consumers, workers, citizens, and even as parents. The result is a richly engaging work of penetrating reportage and analysis.
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