market-based model has lost steam since the mid-2000s, despite financial deregulation during the 1980s and 1990s"-- …

—based on self-regulated and efficient markets. Although laissez-faire capitalism is intrinsically unstable, the lessons of the … regulations that led to the “30 glorious years of capitalism” (1948–77) and that could have helped avoid a financial crisis as … ideology and deregulation. From this crisis a new democratic capitalist system will emerge, though its character is difficult …

economy's ills. John A. Allison presents the groundbreaking theory that capitalism is the only economic-political system that …