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  • "We're Seeing the End of a Global Free Market," Says Ian Bremmer

    05/20/2010 11:29:06 AM PDT · by EBH · 32 replies · 854+ views
    Yahoo News/Tech Ticker ^ | May 20, 2010 12:02pm ED | Peter Gorenstein
    The free market principles increasingly popular around the world over the last 40 years are suddenly less so. “We're seeing the end of a global free market,” says Ian Bremmer president of the political consulting firm, Eurasia Group. “In the west, it's indefensible to support the free markets publicly,” says the author of the The End of the Free Market. Thanks to the financial crisis, high unemployment and a growing gap between the rich and poor, support for capitalism is waning while renewed populism takes hold. "You can't support open borders, open trade with 17.2% unemployment in the United States,"...