— based on self-regulated and efficient markets. Although laissez-faire capitalism is intrinsically unstable, the lessons of … or regulations that led to the “30 glorious years of capitalism” (1948–77) and that could have helped avoid a financial …-based capitalism in which professionals have more say than rentier capitalists, as well as the tendency to improve democracy by making …

functioning of capitalism. They underestimated the possibilities to regulate the capitalist system and also allowed the working … regulation with the features of capitalism analysed in the Manifesto. …