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Emergence of State Capitalism

by the Center for Geoeconomic Studies
September 8, 2008

After years of celebrating the triumph of market capitalism, many of its advocates today are troubled by the emergence of ‘state capitalism’, particularly in the form of sovereign wealth funds. How should liberal capitalism respond when autocracy is the highest bidder? Is autocratic ownership dangerous to economic robustness?

Wolf: The Brave New World of State Capitalism
Summers: Funds That Shake Capitalist Logic
Ferguson: An Ottoman Warning for Indebted America
Drezner: The Emergent Regime for Sovereign Wealth Funds

Posted in China, Development, Emerging, Europe, Financial Markets, Japan, U.S.

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A graphical take on geoeconomic issues, with links to the news and expert commentary.

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