by Ian Bremmer
First published 2010
State capitalism spreads across the globe as governments seize control of major companies and vast capital reserves. Ian Bremmer examines this economic system where nations like China, Russia, Iran, Venezuela, and Gulf Arab states wield state-owned enterprises as political weapons. These governments manipulate markets through direct ownership rather than regulation, creating powerhouses that challenge America's economic dominance. Bremmer analyzes how this trend reshapes international competition, potentially triggering a new Cold War between opposing economic models. He explores whether free market nations can compete against state capitalist giants for influence over mixed economies like India, Brazil, and Mexico. The author questions state capitalism's long-term viability while mapping its immediate threat to global commerce. This analysis serves investors, business executives, and policymakers navigating an economic landscape where political control increasingly trumps market forces.
Genres: business, political-science, politics, economics, non-fiction, 21st-century
Vibes: thought-provoking
Tropes: enemies-to-lovers
Setting: China, India, Brazil, Mexico, Russia, Iran, Venezuela, Gulf Arab States
Period: 21st-century
240 pages · Hardcover · Portfolio