After its publication last month, it immediately shot to the top of the bestseller lists. It became downright trendy after Barack Obama was photographed carrying a copy while travelling on the campaign trail; maybe, the pundits speculated, this book will be a major influence on the next president’s thinking.
Seems an interesting read... but also seem quite controversial too, esp on overplaying the global impact of growth in BRIC economies.
By ‘post-American world’, Zakaria refers to the erosion of US pre-eminence as the sole superpower. The end of the Cold War and the ‘bipolar duopoly’ of the US and the Soviet Union led to an ‘American imperium, a unique unipolar world’. However, with the recent emergence of China, India and others – what Zakaria calls ‘the rise of the rest’ – the situation is now changing: ‘At the politico-military level, we remain in a single-superpower world. But in every other dimension – industrial, financial, educational, social, cultural – the distribution of power is shifting, moving away from American dominance.’
A sign of declining American influence, he writes, is how the rising countries pay less attention to the US: ‘The world is moving from anger to indifference, from anti-Americanism to post-Americanism.’
...his central point: that a focus on conflicts in the Middle East and elsewhere has meant we have missed the real story – the economic rise of the BRIC (Brazil, Russia, India, China) and other emerging markets. These countries now account for more than half of the world’s economic growth since 1990, and represent over 40 per cent of the world economy (measured at purchasing power parity). In 2006 and 2007, 124 countries grew at a rate of four per cent or more, including more than 30 countries in Africa.
...he goes on to claim that this is the third of ‘three tectonic power shifts’ over the past 500 years. According to Zakaria, the first was the rise of the Western world, from the fifteenth century to the late eighteenth century; the second was the rise of the US, from the late nineteenth century until about 1990; and the third is the ‘rise of the rest’ over the past two decades.
Zakaria points out that economic prosperity has brought real benefits. For example, in China alone growth has lifted more than 400 million people out of poverty. But he is quick to point out that this growth is also problematic. One expression is how increased demand from China and India has increased oil prices generally. This price rise has also filled the coffers of America’s oil-state foes, such as Iran and Venezuela. But, as Zakaria notes, ‘the most acute problem of plenty is the impact of global growth on natural resources and the environment’. He cites water shortages and climate change, among other issues.
In viewing growth as problematic and potentially destructive, Zakaria raises a common theme of our time, the longer-term consequences of economic growth upon geopolitical stability and environment.
Till the time you get a chance to read, enjoy some of video & print reviews posted below
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On Monday, the largest bankruptcy filing in U.S. history was made by Lehman Brothers. It had over $600 billion in assets and 25,000 employees. (The largest previous filing was WorldCom, whose assets just prior to bankruptcy were just over $100 billion.) 
