90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
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.

A Chinese worker checks solar-powered products at a factory in Baoding, north China's Hebei province, in 2009. (AP)

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.

Guests:

Anthony Kuhn, Beijing corresopndent for NPR.

Ian Bremmer, president of Eurasia Group, a political research and consulting firm. His latest book is “The End of the Free Market: Who Wins the War Between States and Corporations?” You can read an excerpt. He writes “The Call” blog at ForeignPolicy.com.

Clyde Prestowitz, founder and President of the Economic Strategy Institute. His new book is “The Betrayal of American Prosperity: Free Market Delusions, America’s Decline, and How We Must Compete in the Post-Dollar Era.” You can read an excerpt.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Jan 27, 2015
Leader of Syriza left-wing party Alexis Tsipras speaks to his supporters outside Athens University Headquarters, Sunday, Jan. 25, 2015. A triumphant Alexis Tsipras told Greeks that his radical left Syriza party's win in Sunday's early general election meant an end to austerity and humiliation and that the country's regular and often fraught debt inspections were a thing of the past. (AP)

A leftist victory in Greece, and anti-austerity pushback across Europe. We’ll ask where this goes.

Jan 27, 2015
As any ant knows, building a reliable team can be hard. (Flickr / Guildmn20)

From Silicon Valley to your office, some teams work better – and smarter – than others. We’ll look at the surprising reasons why.

RECENT
SHOWS
Jan 26, 2015
Frederick Daniel Hardy's "Baby's Birthday" (1867) shows a typical Victorian English family at home.  (Wikimedia / Creative Commons)

Brush your teeth with soot, stay away from water, wear a steel corset. We’ll talk with the author of “How to be a Victorian.” Strange ways from another age.

 
Jan 26, 2015
Yemeni protesters gather during a demonstration to show their support to Houthi Shiite rebels in Sanaa, Yemen, Friday, Jan. 23, 2015.  (AP)

Yemen in turmoil, a new king in Saudi Arabia. We’ll look at what’s next for the Arabian Peninsula. Plus: the President’s trip to the Indian subcontinent.

On Point Blog
On Point Blog
Our Week In The Web: January 23, 2015
Friday, Jan 23, 2015

New thoughts on Facebook, new analysis of State of the Union twitter activity and new weekend excitement. New! And exciting!

More »
Comment
 
Meet On Point’s Interns: Spring 2015
Friday, Jan 23, 2015

Good news! We have interns, and they are wonderful, and here they are for the spring term. Meet them digitally, right here.

More »
2 Comments
 
Caller To Author Ron Rash: ‘You Cared About People Like Me’
Thursday, Jan 22, 2015

An unexpected caller from South Carolina brings back guest Ron Rash’s years as a community college professor in a movingly real way.

More »
1 Comment