Capitalism could be reconstructed after World War II because it was buttressed by three necessary types of regulation: social security, which served as a principal stabilizer, at least in the developed countries; Keynesian tools to fight domestic cyclical downturns; and a universal high-wage policy aimed at stimulating general consumption, without which the genius of capitalism – mass production – does not work.
Or il ne saurait y avoir de système économique stable s’il est rejeté par les électorats, en tous cas en pays démocratiques.