State-Sponsored Capitalism?

A knowledgeable person in our Economics Reform Advocacy Group (ERAG) mentioned a 2010 book, The End of the Free Market: Who Wins the War between States and Corporations?, by Ian Bremmer, which suggests a newly emerging model, State-Sponsored Capitalism, such as is practiced in China.

In my view, linking capitalism directly to state political interests is potentially a very dangerous development, in my mind- it reminds me of the kings using commerce to enhance their own power, which led to wars – trade wars and armed wars. How about a “global-centric” economic development model, adapted to each country’s culture – there would theoretically be no intrinsic conflict of ends. That would suggest one of the social democracy models – that of David Schweickart (After Capitalism) or that of Dr. J.W. Smith (who worked from the theories of Henry George, 19th century economist): .     It would also bring focusing on the environmental health to the top tier of concerns/aims.

About bbriley42

Retired former engineer and (later) clinical social worker. Married, with two adult children. Long time student of spirituality and "A Course in Miracles." Presently alarmed at how the U.S. economic system, with all of its strengths, is poisoning our society, world economic fairness and the biosphere upon which we rely for physical life itself. I have thus with others in our community formed an economic reform study-advocacy group.
This entry was posted in Alternatives to Capitalism, Capitalism, Uncategorized. Bookmark the permalink.

3 Responses to State-Sponsored Capitalism?

  1. Brittney says:

    I was curious if you ever considered changing the structure of
    your site? Its very well written; I love what youve got to say.
    But maybe you could a little more in the way of content so people could
    connect with it better. Youve got an awful lot of text for only
    having one or two images. Maybe you could space it out better?

    • bbriley42 says:

      Hi Brittney in Germany! The structure of the website reflects my lack of time and energy (I am 70 years old) and organization. For eight months, much of my time was devoted to working for President Obama’s campaign. There is always a tension between the long range goal of economic reform and the short range goal of electing people who we think might support the long range goal. If you yourself are technically competent to help in that restructuring, if you support our goals of economic reform, and if you have any time, I could set you up to be an editor, so you could insert images where they would help. Would you consider that? In all cases, I very much value your comments. Danke Schoen!

  2. bbriley42 says:

    Hi Melodee – I tried to reply directly to your email, but the mail bounced, so I couldn’t. You wrote, “I’m trying to find things to improve my web site!I suppose its ok to use a few of your ideas!!”

    Yes, you can use my ideas if they’d be used to promote a more just, ecologically sustainable world!

    I wish Peace TO and THROUGH you into this Earth, which so needs it.

    Bob Riley

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