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

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Penguin, May 13, 2010 - Business & Economics - 240 pages
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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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紐約咨詢公司歐亞集團(Eurasia Group)的總裁布里默(Ian Bremmer)說﹐中國人已經向我們展示﹐如果他們有能力扼殺你的模式並奪走你的利潤﹐那麼他們就會付諸行動。在其所撰《自由市場的終結》(The End of the Free Market)一書中﹐布里默說中國所引領的“國家資本主義”的興起有可能削弱美國的競爭優勢 

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No truce appears on the horizon in the battle between government control and free markets, a conflict that has intensified in the aftermath of the 2008-2009 recession. Political strategist Ian Bremmer examines the differing models of “state capitalism” that have gained ground in emerging economies around the world. Using varying levels of political control, countries such as China, Russia and Saudi Arabia are adapting the capitalist scenario to their particular situations and needs, thereby presenting obstacles to a fair fight with Western businesses. While decrying the unfair advantage governments bring to successful emerging economies, Bremmer concedes that free markets alone can’t solve all society’s issues, and he advocates for “better government, not less government.” getAbstract recommends this thorough, cogent study to global business executives looking to understand and compete in state-capitalist countries.
More about this book:
http://www.getabstract.com/en/summary/economics-and-politics/the-end-of-the-free-market/14277/
 

Contents

The Multinational Menace
The Rise of State Capitalism and the Future of the Free Market
Capitalism and Political Free Markets
Whats in a Name?
Mercantilism
The End of Mercantilism
Mercantilism and State Capitalism
The FreeMarket Camp
Brazil
Southeast Asia
China
Chinese State Capitalism Today
State Capitalism at Home
The Financial Crisis
Economic Efficiency
Protectionism

The StateCapitalist Camp
The Tools
National Oil and Gas CorporationsNOCs
Going Abroad
Resource Nationalism
Beyond Petroleum
Privately Owned National Champions
Sovereign Wealth FundsSWFs
The First WaveOil as a Weapon
The Second WaveFastEmerging Markets
The Third WaveWhat to Do with the Wealth?
The Fourth WaveCrisis and Opportunity
Saudi Arabia
United Arab Emirates
Egypt
Algeria
Ukraine
Russia
India
Africa
Mexico
Decoupling
The Threats
Now for the Bad News
China Holds the Key
What Is to Be Done?
The Private Sector
Speak Up for Free Markets
Dont Close the Door on Trade
Dont Close the Door on Investment
Dont Close the Door on Immigrants
Pick the Right Fights
Keep Investing in Hard Power
Mutually Assured Economic Destruction
The Rise of a New System
A Brief History of Capitalism
State Capitalism What It Is and How It Happened
State Capitalism Around the World
The Challenge
Meeting the Challenge
Copyright

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About the author (2010)

Ian Bremmer is a president of Eurasia Group, the world's leading global politcal risk research and consulting firm. He has written for The Wall Street Journal, The Washington Post, Newsweek, and Foreign Affairs. His most recent books include The J Curve and The Fat Tail. He lives in New York City and Washington, D.C.

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