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Ian Bremmer -
Capitalism
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The free market tide has now receded. In its place has come state capitalism, a system in which the state functions as the leading economic actor and uses markets primarily for political gain.
Ian Bremmer
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In the last 21 months, if you've learnt anything, it's that the state is back. If the free market fails, it's not because it's been defeated by state capitalism; the only people that can defeat the free market is us, we're the only ones who can destroy it.
Ian Bremmer
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It's not a third way between state capitalism and free markets, it is the free market way. Multi-national corporations should be the principal actors, but they should be properly regulated.
Ian Bremmer
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State capitalism is about more than emergency government spending, implementation of more intelligent regulation, or a stronger social safety net. It's about state dominance of economic activity for political gain.
Ian Bremmer
Quote of the day
Our passions are most like to floods and streams; The shallow murmur, but the deep are dumb.
Walter Raleigh
Ian Bremmer
Wikipedia
Born:
November 12, 1969
(age 55)
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