Richard Cohen reviews The End of Power: From Boardrooms to Battlefields and Churches to States, Why Being In Charge Isn’t What It Used to Be
by Moises Naim.
“Power is decaying,” Naim writes — and he provides all sorts of examples. Companies that once ruled the world (sort of) suddenly disappear. Kodak went bust (in a flash). Two huge American auto companies came to Washington with a tin cup. BlackBerry was once supposedly so addictive it was called “crackberry.” Now it’s nearly a goner. CEOs come and go at a dizzying pace — about 80 percent of the leaders of major companies are forced out before their terms are up, gridlocking golf courses all over America. Belgium veers to the ungovernable; the United Kingdom may not be united for long, the Northern League wants out of Italy, and in this increasingly fractured world, South Sudan in 2011 became the world’s 193rd nation, up from 51 in the 1940s. [Read more...]