Summary: The Predator State

Exploring the intersection of economics and politics, this summary delves into James K. Galbraith's critique of the conservative shift away from free-market principles. It argues that both conservatives and liberals have contributed to the emergence of a "predator state," where government and corporate interests converge to undermine true market competition. Galbraith advocates for a reevaluation of economic policies, encouraging liberals to embrace a more robust regulatory framework to counteract the negative impacts of this evolving political landscape.