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Making Capitalism Work examines how capitalism has evolved and how it is currently working in Asia, the former Soviet bloc, and the industrialized countries of the West. Recognizing the strengths of different capitalist regimes, the book suggests ways for each to remedy its defects. In the process, the authors show that policies based on a belief in an unfettered free market have failed both economically and politically.
The book argues that a strong governmental role remains essential to assure prosperity, to insulate citizens from the fluctuations of the market, and to meet the responsibilities of the rich to the poor and of present generations to future ones.