November 6, 2016

Ian Bremmer Quotes

“An emerging market is a country where politics matters at least as much as economics to the market.”

“Authoritarian governments are now trying to ensure that the increasingly free flow of ideas and information through cyberspace fuels their economies without threatening their political power.”

“Everyone’s talked about Bank of America and Citigroup and the rest being too big to fail, but no, no, no. The most important point…is that the US must be perceived to be too big to fail.”

“I believe that if you go and ask a chief executive of a Goldman Sachs or a BP, and they answer you honestly…they want monopolies, they want government subsidies, they want preferences – they’re not interested in free markets.”

“In China, the state controls the corporations, whereas in the United States, the corporations control the state.”

“In the last 21 months, if you’ve learnt anything, it’s that the state is back. If the free market fails, it’s not because it’s been defeated by state capitalism; the only people that can defeat the free market is us, we’re the only ones who can destroy it.”

“It’s not a third way between state capitalism and free markets, it is the free market way. Multi-national corporations should be the principal actors, but they should be properly regulated.”

“It’s very clear to me–you do not want corporations captured by states. Equally you do not want states captured by corporations.”

“New York used to be the financial capital of the world. It’s no longer even the financial capital of the U.S. For the moment, Washington is.”

“State capitalism is about more than emergency government spending, implementation of more intelligent regulation, or a stronger social safety net. It’s about state dominance of economic activity for political gain.”

“The free market tide has now receded. In its place has come state capitalism, a system in which the state functions as the leading economic actor and uses markets primarily for political gain.”

“The great thing about the U.S. economy right now is that we are the smart kids in the stupid-kid class. America has fiscal problems and gridlock issues and polarity and partisanship in Congress — and yet, compared to Japan and Europe, the U.S. looks great.”

“The G-Zero isn’t aspirational, it’s analytic. Unfortunately, it’s also where we are.”

“Up until now Washington has worried that terrorists will become hackers. Perhaps we all should worry that hackers will become terrorists.”

“When you’re leaving your teenage kids alone, probably a good idea to let them know you’re going to be checking in on them occasionally. I suspect Greenspan missed that part.”