The New Rules: Don’t Count Out Free Markets Just Yet

The New Rules: Don’t Count Out Free Markets Just Yet

The recent global financial crisis has birthed a slew of books proclaiming the superiority of state capitalism — or, alternatively, authoritarian capitalism — over free markets. China, we are led to believe, will not merely own this century, but will also likely win the bulk of the world over to its “unique” and “unprecedented” model of development. Stunningly, even though no serious thinker still believes in the efficacy of command economies, we are now encouraged to quake before state-directed economies, as if a bunch of power-fixated politicos sitting around a table will somehow manage to outsmart, out-predict, and outperform the […]

Keep reading for free right now!

Get instant access to the rest of this article as well as three free articles per month. You'll also receive our free email newsletter to stay up to date on all our coverage:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having your own personal researcher and analyst for news and events around the globe. Subscribe now, and you’ll get:

  • Immediate and instant access to the full searchable library of 15,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Weekly in-depth reports on important issues and countries
  • Daily links to must-read news, analysis, and opinion from top sources around the globe, curated by our keen-eyed team of editors
  • Your choice of weekly region-specific newsletters, delivered to your inbox.
  • Smartphone- and tablet-friendly website.
  • Completely ad-free reading.

And all of this is available to you when you subscribe today.

More World Politics Review