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

Summary

The End of the Free Market: Who Wins the War Between States and Corporations?http://www.endofthefreemarket.com, is a 2010 non-fiction
Non-fiction
Non-fiction is the form of any narrative, account, or other communicative work whose assertions and descriptions are understood to be fact...

 book by Ian Bremmer
Ian Bremmer
Ian Bremmer is an American political scientist specializing in US foreign policy, states in transition, and global political risk. He is the president and founder of Eurasia Group, a leading global political risk research and consulting firm...

, that discusses the rise of state capitalism
State capitalism
The term State capitalism has various meanings, but is usually described as commercial economic activity undertaken by the state with management of the productive forces in a capitalist manner, even if the state is nominally socialist. State capitalism is usually characterized by the dominance or...

, a system in which governments dominate local economies through ownership of market-dominant companies and large pools of excess capital
Capital (economics)
In economics, capital, capital goods, or real capital refers to already-produced durable goods used in production of goods or services. The capital goods are not significantly consumed, though they may depreciate in the production process...

, using them for political gain. This trend, Bremmer argues, challenges America’s economic strength and the conduct of free market
Free market
A free market is a competitive market where prices are determined by supply and demand. However, the term is also commonly used for markets in which economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts...

s everywhere.

Reviews


Awards

  • Financial Times: Summer's Best Books; Year's Best Books
  • Financial Times and Goldman Sachs Business Book of the Year Award
    Financial Times and Goldman Sachs Business Book of the Year Award
    Financial Times and Goldman Sachs Business Book of the Year Award is an annual award given to the best business book of the year as determined by the Financial Times and Goldman Sachs. It aims to find the book that has ‘the most compelling and enjoyable insight into modern business issues.’ The...

    , Long-List
    : http://www.ft.com/cms/s/0/d4bd4620-a19d-11df-9656-00144feabdc0.html?ftcamp=rss
  • Foreign Affairs: Must Read Book of 2010, Fareed Zakaria
    Fareed Zakaria
    Fareed Rafiq Zakaria is an Indian-American journalist and author. From 2000 to 2010, he was a columnist for Newsweek and editor of Newsweek International. In 2010 he became Editor-At-Large of Time magazine...

  • The Hindu
    The Hindu
    The Hindu is an Indian English-language daily newspaper founded and continuously published in Chennai since 1878. According to the Audit Bureau of Circulations, it has a circulation of 1.46 million copies as of December 2009. The enterprise employed over 1,600 workers and gross income reached $40...

    : Print Pick
  • The Week: Dambisa Moyo's 6 Favorite Books
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