Guy Sorman Book order

The book explores the transformative impact of privatization and market capitalism on Eastern Europe and developing nations, highlighting how these changes have lifted millions out of poverty. Guy Sorman, a prominent journalist, argues that the collapse of state socialism coincided with a scientific revolution in economics, which remains largely misunderstood by the public but is gaining traction among global policymakers. Through this lens, the author examines the intricate relationship between economic theory and real-world outcomes in the 20th century.

The book explores China's emergence as a global superpower, highlighting the rapid growth of its economy and the influx of Western political and business delegations to Beijing. It examines the implications of this rise, particularly in the context of the 2008 Olympic Games, which symbolize China's new status on the world stage. The narrative delves into the changing perceptions and dynamics between the West and China, suggesting a significant shift in power and influence.

Renewing the tradition of intellectual travelers—Alexis de Tocqueville in American and Arthur Young in eighteenth—century France—Guy Sorman visted eighteen developing countries in Asia, Africa, and Latin America in two years, meeting with heads of states, peasants, philosphers, workers, entrepreneurs, and poets. He asks this question: Is poverty inevitable and irreversible? Sorman returned from his travels with some new and surprising answers. Viewing the whole spectrum of economic systems from Singapore to Cuba, Sorman sees the myth of socialist revolution collapsing in many places. The author concludes that "economic liberalism"—the concept that individuals in each society know better than politicians and bureaucrats what is best for their families and futures—is gaining ground. The title of Guy Sorman's book pays homage to the great European economist Adam Smith and his book The Wealth of Nations. Smith was a moralist preoccuppied with the notion of social justice and a realist who believed in an unfettered free market. Sorman's study reiterates that the free market is the universal principle of development, that the free market works.