Ian Bremmer - The End Of The Free Market

Leading economic and political analyst Ian Bremmer explores the rise of state capitalism and its long-term threat to the global economy.

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News & Politics

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• Ian Bremner
• ecnomist
• policy analyst
• eurasia
• government
• bremmer
• fat tail
• free market
• markets
• rsa
• the rsa
• royal society of arts
• political analyst
• politics

[watcher8o]

Do people understand that China has been under state capitalism basically since Mao died? They reached thier state of corporatism through a reverse evolution from the US experience. The Communistic government spawned mega-corporations for the purpose of market control. In the US, it's the mega-corporations that are taking over the government for the purpose of market control. These days, the whole purpose of both the Chinese and US governments is control of wealth and, by extension, lives.

[jnjnelson]

State capitalism = corporatism. Corporatism is just another form of tyranny.

[MrMcfly102]

Interesting point of view jnjnelson. The United States of America is quite the experimental capitalism. Do you really believe that the US had perfect competition, and perfect free markets accroding to capitalistic principles or is it a mixed economy? Many times the US has been facing a crisis of interest in terms of understanding and recognizing how to create a structural way of solving the current economic and fiscal crisis. Economic and fiscal crisis is a solvable thing.

[buffysummersfanboy]

Bremmer's take is interesting, and I don't yet have the necessary analytical skills to critique this video just yet. But I will say, on a small point, that I don't appreciate him conflating patriotism with xenophobia. Granted, a person who is xenophobic can be patriotic, and a xenophobic person can be patriotic. But he seems to view them as exact same concepts rather than possibly related concepts. If I'm mistaken and someone can understand his subtlety, please correct me.

[EclecticSceptic]

@branko1408 Yeah, pretty much.

[shaolinkin]

@tyrannicoystercult very well said.

[branko1408]

This guy is just a professional bullshiter...

[Tougemaster06]

@watcher8o Mao's China has always been state capitalist. Deng Xiayopeng brought Neoliberalism to China.

[TheHayekian]

How can it be the end of the free market when we have never had one. Essentially, economic policy over the last 200 years has been a collusion between government and big business. Government introduces regulations to help big business and squeeze small business, thus creating monopolies. In return, this big businesses bank roll the parties. It is corporatism, a soft fascism.

[tyrannicoystercult]

@jnjnelson i am with the struggle i just believe there are more productive ways of doing critique than saying 'hey its a CORPORATIST setup' which really means nothing. it means that prouction is split up and coordinated. the sapping of the labor bartering process through imbalance of int'l labor laws and further imbalanced currency exchange is a more informative testable line of reasoning. without detail, statements are only 'outcry' not critique. statements are useless without detail, material.

[SuffocateJav90]

@jnjnelson totally man.. the perfect example of totalitarianism.. hitler and mussloni would be happy to see this.

[jnjnelson]

@tyrannicoystercult The words corporatism and tyranny are no more nor less empty than any of your words. You argument could be used to stifle all conversation of any kind. I respectfully disagree.