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"An essential guide to the future of the world economy." -David Smick, author of The World is Curved
A number of authoritarian governments, drawn to the economic power of capitalism but wary of uncontrolled free markets, have invented something new: state capitalism. In this system, governments use markets to create wealth that can be directed as political officials see fit.
As an expert on the intersection between economics and politics, Ian Bremmer is uniquely qualified to illustrate the rise of state capitalism and its long-term threat to the global economy. The main characters in this story are the men who rule China, Russia, and the Arab monarchies of the Persian Gulf, but their successes are attracting imitators across much of the developing world.
This guide to the next big trend includes useful insights for investors, business leaders, policymakers, and anyone else who wants to understand major emerging changes in international politics and the global economy.
Mark-in-Arlington
Posted June 25, 2010
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This book carefully describes the rise, influence, and possible eventual dire consequences arising from the activities of the many government-controlled business enterprises being operated around the world for the benefit of the politicians in charge. The problems encountered by free-market publicly-owned corporations, when they compete with these government-controlled businesses, are described and analyzed. And the author provides some ideas as to what can be done to mitigate some of the bad things that are happening to restrict access to markets, labor, and products.
In many ways, this book reminds me of political-economic textbooks I read in school, but it covers capitalism and markets from a fresh, current events viewpoint. I read the book because I wanted to learn more about how these state-controlled companies are being manipulated for political purposes. I learned a lot that helpe me understand more about what is really going on in the world.
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Overview
"An essential guide to the future of the world economy." -David Smick, author of The World is Curved
A number of authoritarian governments, drawn to the economic power of capitalism but wary of uncontrolled free markets, have invented something new: state capitalism. In this system, governments use markets to create wealth that can be directed as political officials see fit.
As an expert on the intersection between economics and politics, Ian Bremmer is uniquely qualified to illustrate the rise of state capitalism and its long-term threat to the global economy. The main characters in this story are the men who rule ...