State capitalism
Ian Bremmer describes state capitalism as a system in which the state dominates markets primarily for political gain. In his book, The End of the Free Market: Who Wins the War Between States and Corporations (New York: Portfolio, 2010), Bremmer describes China as the primary driver for the rise of state capitalism as a challenge to the free market economies of the developed world, particularly in the aftermath of the financial crisis.
Ian Arthur Bremmer (born November 12, 1969) is an American political scientist specializing in U.S. foreign policy, states in transition, and global political risk. He is the president and founder of Eurasia Group, a political risk research and consulting firm with offices in New York City, Washington, London, Tokyo, São Paulo, San Francisco, and Singapore. As of December 2014, he is foreign affairs columnist and editor-at-large at Time.[1] In 2013, he was named Global Research Professor at New York University.[2]Eurasia Group provides analysis and expertise about how political developments and national security dynamics move markets and shape investment environments across the globe.