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Capitalisms: Asian-European Dialogue after Enron

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This dicussion suggests three steps. One is to retrieve the varieties of capitalism from the propaganda that claims there is no alternative to free market capitalism. Second is to examine the growing influence of American capitalism and the diversity or convergence of capitalisms in light of Enron and related episodes. Third is to probe options for the articulation of alternative capitalisms. Looking forward, one way in which this can happen is through a substantive dialogue between Asian countries and the European Union with regard to the direction of contemporary capitalism and globalization. This line of argument can function at two levels — as a broad-brush policy direction and as opening up thinking about globalization — probing the scope for choice.


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