Includes index.

"With a new introduction on the great crisis."--Cover

Whatever happened to the conservatives? -- The freedom to shop -- Tax cuts and the marvelous market of the mind -- Uncle Milton's war -- The impossible dream of budget balance -- There is no such thing as free trade -- What the rise of inequality is really about -- The enduring new deal -- The corporate crisis -- The rise of the predator state -- The inadequacy of making markets work -- The need for planning -- The case for standards -- Paying for it.

Galbraith urges listeners to abandon the outdated ideology of free market economics. Revolutionized by the Reagan Administration, Galbraith reveals how the free market, which may have been successful at one point in time, now serves to damage America's contemporary economy