In response to ...

From now on you may find a few of my responses to some of the articles in other sites posted here, after all I need a place to save these :)
So don't even bother to waste your time reading these unless you have time to read the original post.

This is in response to "What is the Future of State Capitalism?" by James Heskett (http://hbswk.hbs.edu/item/5928.html). This response might not have content in depth, but then the topic is one of its kind :)

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Well to start with, quite clearly, there is no correct answer to these questions. While the past decade has seen many major changes in the global economy and the effect of strategic decisions, it has also seen the emergence of state owned corporations and the changes in the conventional laws and regulations allowing these corporations to invest across the globe. Other than few outcries little has been done or can be done to regulate and make the investment strategies and practices more transparent. Necessity is the most critical scamp here and then there are investments due to political reasons.

It takes a lot of courage for the regional laws and regulations to deal with global markets. But it is not as easy as it seems to be when political interests are involved, and coming up with a global agreement in the near future is very unlikely especially when those to be regulated are state owned firms.

In many ways these state owned firms insure the world’s prosperity as long as the key decisions are in favor of making money for the state but then as mentioned there are inefficiencies like corruption and poor investment decisions which might bring about a new equilibrium when managing huge corporations.

So what can really be done is make the investments more transparent regionally and keep a check on who is investing and where. While global agreement isn’t very easy, some kind of transparency standards can be brought up across the free markets.
Well as Alexander Pope wrote in his ‘An Essay on Man’; “Order is Heaven's first law; and this confessed, some are and must be greater than the rest, more rich, more wise; but who infers from hence that such are happier, shock all commonsense.”, and an order can be brought about only when this is accepted by all the markets.
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