Understanding the rise of state capitalism and its threat to
global free markets
The End of the Free Market details the growing phenomenon of
state capitalism, a system in which governments drive local
economies through ownership of market-dominant companies and large
pools of excess capital, using them for political gain. This trend
threatens America's competitive edge and the conduct of free
markets everywhere.
An expert on the intersection of economics and politics, Ian
Bremmer has followed the rise of state-owned firms in China,
Russia, the Arab states of the Persian Gulf, Iran, Venezuela, and
elsewhere. He demonstrates the growing challenge that state
capitalism will pose for the entire global economy.
Among the questions addressed: Are we on the brink of a new kind
of Cold War, one that pits competing economic systems in a battle
for dominance? Can free market countries compete with state
capitalist powerhouses over relations with countries that have
elements of both systems-like India, Brazil, and Mexico? Does state
capitalism have staying power?
This guide to the next big global economic trend includes useful
insights for investors, business leaders, policymakers, and anyone
who wants to understand important emerging changes in international
politics and the global economy.
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