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THE FACES OF CAPITALISM


CONSUMER CAPITALISM

U.S., BRITAIN, CANADA, AUSTRALIA
TRAITS: Laissez-faire, open borders, small government, profit mentality
POTENTIAL PROBLEMS: Income inequality, low savings rates, weak central governments


PRODUCER CAPITALISM

GERMANY, FRANCE, JAPAN, MEXICO
TRAITS: Emphasizes production, employment, statist policies
POTENTIAL PROBLEMS: Fraying of social safety net, slowing innovation, consumer dissatisfaction


FAMILY CAPITALISM

TAIWAN, MALAYSIA, THAILAND, INDONESIA
TRAITS: Created by Chinese diaspora, extended clans dominate business, and capital flows
POTENTIAL PROBLEMS: Creating modern corporate organizations and money markets


FRONTIER CAPITALISM

CHINA, RUSSIA
TRAITS: Government pursues for-profit business activities, entrepreneurial class sprouts
POTENTIAL PROBLEMS: Must establish rule of law, open borders, curb criminal activity




Updated July 23, 1998 by bwwebmaster
Copyright 1998, by The McGraw-Hill Companies Inc. All rights reserved.
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