The End of the Free Market

Portfolio, 2011. First Edition. Hardcover. Very Good/Very Good. A copy that has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Understanding the rise of state capitalism and its threat to global free ma rkets The End of the Free Market details the growing phenomenon of state capitali sm, a system in which governments drive local economies through ownership o f market-dominant companies and large pools of excess capital, using them f or 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 fo llowed the rise of state-owned firms in China, Russia, the Arab states of t he Persian Gulf, Iran, Venezuela, and elsewhere. He demonstrates the growin g 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 Wa r, one that pits competing economic systems in a battle for dominance? Can free market countries compete with state capitalist powerhouses over relati ons with countries that have elements of both systems-like India, Brazil, a nd 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.