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    The message of the book seems to be that you cannot leave it all to the markets - the evidence for that is all around us - and that there is no avoiding government intervention. It should not be seen automatically as a negative, he claims, and he provides plenty of evidence where the right kind of government action has been making of certain countries.

    A case in point is Bombardier. Surely the only sane course of action is to intervene to ensure it gets big contracts or we will lose this piece of our industrial base, never to get it back.

    Moreover, free market fundamentalism totally ignores the enormous human cost of unemployment and industrial decline.

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