The Road Ahead (Conclusion to The Road from Ruin)


Last in the series:
The Road from Ruin author Matthew Bishop, interviewed by Patt Morrison in March 2010: “The underlying point of the book is that American is still the world’s most important economy, and its really important for America to figure out how to get out of this mess…America needs to take a stand now while it still has the authority, instead of waiting for collapse and chaotic reshaping.”

For interested readers, here is the KPCC audio of the March 2010 interview with Matthew Bishop, discussing general principles for financial reform and recovery.

The book concludes that while this is not just an American crisis, but a global crisis, no single rival is yet able to knock America off the top leadership spot in the global economy:

“In the future, American leadership will depend on its ability to remake capitalism in a way that is not only more productive but also sustainable, socially and environmentally…no other country is better placed to provide the leadership we need to get out of this crisis.

…America can rise to meet today’s challenges.

Sunroom Desk readers: A very happy (belated) Independence Day!