This ebook consists of a summary of the ideas, viewpoints and facts presented by James K. Galbraith in his book "The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should too". This summary offers a concise overview of the entire book in less than 30 minutes reading time. However this work does not replace in any case James K. Galbraith's book. Galbraith argues that Bush administration had no choice not to abandon Reganism.
He also demonstrates that the real economy is not a free-market economy, thus believes that problems are not solved by incantations about the market.