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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