State Capitalism: A Viable Alternative to Free Markets?
The crisis of liberal capitalism has been made more serious by the rise of a potent alternative: state capitalism, which tries to meld the powers of the state with the powers of capitalism.
What's the Latest Development?
Emerging economies which combine the authority of the state with private industry have led global economic growth since the financial collapse of 2007. Countries like China, Russia and Brazil, all of which use the state to promote industry, now claim some of the world's most successful companies. And these economies are different from Europe's welfare states in that they operate on a much larger scale and have developed much faster. Rather than hand industries to cronies, the Chinese, for example, turn them into companies run by professional managers.
What's the Big Idea?
Though state capitalism is the current trend—France has created a sovereign wealth fund while Brazil and South Africa talk openly of nationalization—it is not without its risks. "How can you ensure a fair trading system if some companies enjoy the support, overt or covert, of a national government? How can you prevent governments from using companies as instruments of military power? And how can you prevent legitimate worries about fairness from shading into xenophobia and protectionism?"
The ability to speak clearly, succinctly, and powerfully is easier than you think
The ability to communicate effectively can make or break a person's assessment of your intelligence, competence, and authenticity.
Researchers discover a link between nonverbal synchronization and relationship success.
- Scientists say coordinating movements leads to increased intimacy and sexual desire in a couple.
- The improved rapport and empathy was also observed in people who didn't know each other.
- Non-verbal clues are very important in the development stages of a relationship.
What defines a dark horse? The all-important decision to pursue fulfillment and excellence.
When we first set the Dark Horse Project in motion, fulfillment was the last thing on our minds. We were hoping to uncover specific and possibly idiosyncratic study methods, learning techniques, and rehearsal regimes that dark horses used to attain excellence. Our training made us resistant to ambiguous variables that were difficult to quantify, and personal fulfillment seemed downright foggy. But our training also taught us never to ignore the evidence, no matter how much it violated our expectations.
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