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Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference

 

 Clyde Prestowitz giving presentation to CDI...

 

Steve Olson teaching trade negotiations at the Mekong Institute...

 

Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

(06/10/10) On Point Radio Discusses Free Markets Versus State Capitalism

Thursday, June 10, 2010
Free Market System at a Crossroads?

China?s economy is barreling ahead. Europe?s in crisis. The U.S. in a muddle. Across the world, free markets are being challenged.

When the Cold War ended, Washington trumpeted that the free market system had won.

Twenty years later ? now ? that looks far from certain. The new challenger is not Communism but ?state capitalism? ?China-style, Russia-style ? where authoritarian political powers steer the ship, call the economic tune.

Right now, say my guests today, state capitalism is giving the free market world a drubbing. Europe?s a mess. The U.S. is in a muddle.

The free market economy heyday may be over, with big consequences, they say.

This Hour, On Point: The deadly-serious horse race. Free markets versus state capitalism.

Click Here to listen to the interview at On Point Radio.

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Latest Publications


The Betrayal of American Prosperity.


The Trans-Paific Partnership and Japan.


Making the Mexian Miracle.


Industrial Policy and Rebalancing in the US and China.


The Evolving Role of China in International Institutions.

 

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