Mr. Dornbusch is convinced that "Argentina will be the next Chile," making the leap to modern free-market capitalism in this generation.

But equally, nobody can dare argue that the solution is to press ahead with yet more of the free-market capitalism that has laid Britain and the west so low.

In particular, the response of the right wing for using it as justification for social darwinism and laissez-faire economics (free-market capitalism).

The euro looms behind every other major trend in Europe, accelerating the broad movement toward greater competition and free-market capitalism.

Supporters view mixed economies as a compromise between state socialism and free-market capitalism that is superior in net effect to either of those.

Communism is dead, but extreme free-market capitalism, as promoted by all parties (and particularly the Tories) for the last 30+ years is dying on it's ar*e too.

Michael Portillo asks whether free-market capitalism is a broken system.

That is, they have all adopted free-market capitalism to one degree or another.

In March 2008, Martin Wolf, chief economics commentator at the Financial Times, announced the death of the dream of global free-market capitalism.

He is also known for his advocacy of atheism, scientific skepticism, libertarianism and free-market capitalism.