principle for dealing with the changing world order

We should have a good grasp of where we are in the current cycle. I presented my synopsis of this book at the March First Friday Book Synopsis.

Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail by Ray Dalio is such a book. Many of them have “do this in order to accomplish _” type counsel and advice.īut some business books primarily just help you think and some of these are big-picture-big-think books. These books cover an array of business concerns and issues. Ray Dalio, Principles for Dealing with the Changing World Order: Why Nations Succeed and Failįor 24 full years, I have presented synopses of business books at the First Friday Book Synosis. My goal was simply to see and try to understand what happened in the past and do a good job of showing it to you.For me to be comfortable that I am doing that well, I need to know how my approach would have worked through time. The game I play for handling both my life and my career is to try to figure out how the world works, develop principles for dealing with it well, and then place my bets.I learned that the biggest thing affecting most people in most countries through time is the struggle to make, take, and distribute wealth and power, though they also have struggled over other things too, most importantly ideology and religion.

It’s both a passion and a necessity for me.

I’m on a mission to figure out how the world works and to gain timeless and universal principles for dealing with it well.

I also saw ripple-effect patterns in all dimensions of life, including culture and the arts, social mores, and more, which I will touch on later.

What follows here is an ultra-distilled description of the dynamics that I saw in studying the rises and declines of the last three reserve currency empires (the Dutch, the British, and the American) and the six other significant empires over the last 500 years (Germany, France, Russia, India, Japan, and China), as well as all of the major Chinese dynasties back to the Tang Dynasty in around the year 600.

Principle for dealing with the changing world order