Contents -- Introduction and Summary -- 1 The revolution of the 1990s -- The empire strikes back -- Confidence restored -- The American view of the world -- The American Enterprise Model -- A second look -- Wrapping up -- 2 The 1990s were not what they seemed -- The US economy performed poorly -- US corporate results were dismal -- A legacy of vulnerabilities -- Sacrificing the shareholder -- An indictment -- 3 The end of the road -- Economic policies in the US and in the EU -- The corporate gloss loses its shine -- Can the franchise be renewed? -- In summary -- 4 Unintended consequences and unaccounted costs -- The hero of the 1990s -- Corporate head office -- Battlegrounds -- The Gulag Archipelago -- 5 A European Enterprise Model -- The foundations of growth -- Ownership, control and economic benefits -- Governance -- The European manager -- The management agenda -- A sense of inevitability -- 6 The competitiveness of Europe -- Rekindling internal growth -- A world of partnerships -- The new foundations -- Taking stock -- Epilogue -- Notes -- Index.