Anglo-Saxon capitalism is not a liberal model

Two mechanisms give a clear illustration that contemporary Anglo-Saxon capitalism is not a liberal model: Despite the fact that wage earners bear a growing share of corporate and economic risk s , the risk premium is still received by shareholders . I n a liberal economy, it is the risk-bearing economic agent that receives the correspon ding risk premium; In the United States, there is growing corporate concentration, with increasing cases of dominant positions. This partly explains the rise in profit margins. N either dominant positions nor monopoly rents belong in a liberal economy . E ven liberal economists should therefore reject the Anglo-Saxon model of capitalism.