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Increasingly American companies are competing not just against other companies, but against companies that are extensions and agents of foreign nations. These state companies are expanding their presence in the developing world, locking down sought-after resources and serving the foreign policy interests of their parent states. The role and impact of these state companies should be examined – how are they affecting the free market system and capitalism?
Please join Dr. Ian Bremmer, the founder and president of the Eurasia Group, who will discuss these issues and his book, The End of the Free Market: Who Wins the War Between States and Corporations. Bremmer offers an examination of the threat the emerging powers of China, Russia, and Saudi Arabia pose to the free market, providing informative case studies of economies with varying degrees of state control: Algeria's authoritarian regime, Mexico's relatively open and democratic system, and China, the leading practitioner of state capitalism, in which Beijing has assumed only more economic power in the wake of the financial crisis. He weighs how free market economies can compete and succeed in this new environment.
This event will be held from 7-8:30 p.m. in Washington on Tuesday, June 15. Copies of The End of the Free Market will be available for purchase. To attend, please ensure you are logged in to your YPFP member account and register below. If you have any questions or concerns, please contact us at events@ypfp.org.
We hope to see you June 15.
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Dr. Ian Bremmer is the president of Eurasia Group, the leading global political risk research and consulting firm that provides financial, corporate, and government clients with information and insight on how political developments move markets. Bremmer created Wall Street's first-ever global political risk index, and has authored several books, including The J Curve: A New Way to Understand Why Nations Rise and Fall (Simon & Schuster, 2006), which was selected by The Economist as one of the best books of 2006, and The Fat Tail: The Power of Political Knowledge for Strategic Investing (Oxford University Press, 2009). His most recent book, The End of the Free Market: Who Wins the War Between States and Corporations? (Portfolio, May 2010), details the new global phenomenon of state capitalism and its geopolitical implications. Bremmer is also a frequent writer and commentator in the media. He writes "The Call" blog on ForeignPolicy.com and is a contributor for The Wall Street Journal; he has also published articles in The Washington Post, The New York Times, Newsweek, Harvard Business Review and Foreign Affairs. He is a panelist for CNN International's "Connect the World" and appears regularly on CNBC, Fox News Channel, National Public Radio, and other networks. Bremmer holds a doctorate in political science from Stanford University (1994), and was the youngest-ever national fellow at the Hoover Institution. He presently teaches at Columbia University, and has held faculty positions at the EastWest Institute and the World Policy Institute.
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