A Capitalism for the People

A Capitalism for the People: Recapturing the Lost Genius of American Prosperity is a non-fiction book by the Italian writer and economist Luigi Zingales, who is known for serving as a Professor of Entrepreneurship and Finance at the University of Chicago's Booth School of Business.

[5] He has presented the book at the London School of Economics, where he warned that the U.S. economy risks deteriorating into a Berlusconi-style crony-capitalist system—pro-business rather than pro-market, and run by corrupt politicians who are more concerned with lining the pockets of the connected elite than with improving opportunity for the people.

He elaborates the distinction of how polls state that most Americans support a free market system in principle but oppose business cronyism in practice, and he notes that, in U.S. history, democracy preceded industrialization while access to a broad frontier allowed for personal initiative.

[2] Economist and EconTalk program host Russ Roberts praised the book as "a really fantastic ride through a whole bunch of economic, philosophical, and ethical issues related to the current state of the economy and how they can become better."

[2] Ben Boychuk wrote for the Sacramento Bee placing the book on his "good reads" summer list, and he remarked that it should appeal to both Tea Party activists and the Occupy Wall Street movement.