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Nor did he believe the "market state" had much future.
Bobbitt says the market state has been in process of formation for a while.
Thanks to the downturn in the housing market, state accounts are filled with red ink.
Terrorists are "entrepreneurial," so our market state must be an entrepreneurial state.
Here, he has plumped for the archetypal failed "market state" solution: reorganise to "liberalise".
Under the guise of prosperity for all, the market state adroitly combined monopoly and speculation.
Similar(9)
Singapore embodies a peculiar mix of the free market, state-led industrialisation and paternalism.
After leaving U.S. Surgical, Mr. Whittingham co-founded Joint Medical Products Corporation, Inc. to develop and market state-of-the-art hip and knee joints.
Ours is a prototypically free-market state, and one that has softened the ground for Google's Fiber and self-driving cars in recent memory.
Old nation-state rules should not hamper new market-state solutions.
Hence the nascent market-state that Mr. Bobbitt tries -- with less success -- to describe.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com