the “miracle of the market” (Reagan). The triumph of capitalism and the increasing power of those with an interest in privatization and market rule have strengthened the grip of market ideology, at least among the elite, so that regardless of evidence, markets are assumed to be benevolent and even democratic (“market populism” in Thomas Frank’s phrase) and nonmarket mechanisms are suspect, although exceptions are allowed when private firms need subsidies, bailouts, and government help in doing business abroad.
