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The End of the Free Market: Who Wins the War Between States and Corporations? »

Book cover image of The End of the Free Market: Who Wins the War Between States and Corporations? by Ian Bremmer

Authors: Ian Bremmer
ISBN-13: 9781591843016, ISBN-10: 1591843014
Format: Hardcover
Publisher: Penguin Group (USA)
Date Published: May 2010
Edition: (Non-applicable)

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Author Biography: Ian Bremmer

Ian Bremmer is the president of Eurasia Group, the world's leading global political risk research and consulting firm. He has written for The Wall Street Journal, The Washington Post, Newsweek, Foreign Affairs, and other publications, and his previous books are The J Curve: A New Way to Understand Why Nations Rise and Fall and The Fat Tail: The Power of Political Knowledge for Strategic Investing.

Book Synopsis

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.

The Washington Post - Steven Levingston

…a solid primer on the emergence of state capitalism, its operation in countries such as Algeria, Ukraine and India, and "how it threatens free markets and the future of the global economy."

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