Skip to content
Geo-Graphics

Emergence of State Capitalism

By experts and staff

Published
  • Benn SteilCFR Expert
    Senior Fellow and Director of International Economics
  • Dinah Walker
    Analyst, Geoeconomics

After years of celebrating the triumph of market capitalism, many of its advocates today are troubled by the emergence of ‘state capitalism’, particularly in the form of sovereign wealth funds. How should liberal capitalism respond when autocracy is the highest bidder? Is autocratic ownership dangerous to economic robustness?

Wolf: The Brave New World of State Capitalism

Summers: Funds That Shake Capitalist Logic

Ferguson: An Ottoman Warning for Indebted America

Drezner: The Emergent Regime for Sovereign Wealth Funds