Author and President of Eurasia Group

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

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

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Ian Bremmer
Published by
Portfolio (Penguin Group)
,
May 2010
Hardcover
230 pages
ISBN-10: 1591843014 / ISBN-13: 9781591843016

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 national bestseller includes useful insights for investors, business leaders, policymakers, and anyone who wants to understand important emerging changes in international politics and the global economy.

RELATED VIDEO

Where did the free market go?

On The Daily Show, Ian Bremmer and Jon Stewart discuss how state capitalism has altered the global economic landscape.

Praise

"Brilliant and indispensable. One of the preeminent political analysts of our time with the must-read book on how politics and global markets are converging at our peril."

— Nouriel Roubini
Chairman, Roubini Global Economics