In this new book, Richard D’Aveni identifies the rise of strategic capitalism as the fundamental threat to America’s future and national security and provides a four-pronged strategy for preserving the American Dream.

—Clyde Prestowitz

Author of The Betrayal of American Prosperity and President of the Economic Strategy Institute

The economic warfare China is engaging in through communist capitalism is extraordinarily seductive, and poses great risks to U.S. firms and the U.S. economy. But democratic capitalism works to its fullest potential when nimble and motivated capital markets and investors build upon consistent strategic federal investments in basic research, in a tax environment with internationally competitive corporate tax rates.

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