Good capitalism

Washington Monthly, Nov, 2007 by Charles Peters

> I'm encouraged to see two new books--Supercapitalism, by Robert Reich, and The Battle for the Soul of Capitalism, by John Bogle, the long-term head of Vanguard Mutual Funds--that begin the serious questioning that is desperately needed of what has happened to American capitalism. The good kind of capitalism meant good men tried to make money, making good products or providing good services to consumers at reasonable prices, with financing provided by banks and investors who believed in them, and regulation created under leaders like Teddy and Franklin Roosevelt to keep the bad guys out of the game, or at least to minimize their influence.