Free-market U.S.-style capitalism is being challenged by the apostles of state capitalism.

Putin and Xi See History Alive

in Capitalism Clash

Source: http://www.bloomberg.com

China and Russia both view themselves as great powers that have been temporarily sidetracked by the U.S., Europe and Japan. And they have no reservations about charting their own path. The current era of geopolitics is a far different world than Fukuyama once envisioned.

Free-market U.S.-style capitalism, bloodied by the global financial crisis, is again being challenged by the apostles of a robust government economic role known as state capitalism, write Bremner and Lynch for Bloomberg.


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