The article focuses on the outlook for capitalism in the 21st century and for prosperity in developing countries such as Brazil, Russia, India, and China which are referred to as the BRIC world. The influence of civil society, the not-for-profit sector, and non-governmental organizations on a country's transition from a state-controlled economy to a market economy is discussed, as well as the role of multinational business enterprises in the formation of civil-society institutions and on the stabilization of socioeconomic conditions in BRIC countries. The state's role in intervening and regulating its national economy in statist capitalism is also discussed.
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