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Monday, May 17, 2010

Quote of the day

"'We are no longer in a global, free-market economy. There are now two systems out there. There is a free-market system, largely in the developed world. There is a state capitalist system in China, Russia and the Persian Gulf. The systems are mutually incompatible,' Bremmer says. 'When your principal actors are multinational corporations in the private sector and they rely for their growth on unfettered access to global markets, and state capitalist systems don't do that, you are going to have a problem. And we are just at the beginning of that problem.'" --Ian Bremmer, The Eurasia Group from his book The End of the Free Market.

Link to original, complete post, including an excerpt from the book:
http://www.npr.org/templates/story/story.php?storyId=126835124

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