His view of capitalism is as a machine that, through competition, picks its monopolies. Ironically he s against regulation , but it is through regulations that

His view of capitalism is as a machine that, through competition, picks its monopolies. Ironically he s against regulation , but it is through regulations that those monopolies entrench their dominance forever. in any case he hasn't invented any new form of capitalism, he makes some blunt conclusions that make people uncomfortable. Even more ironically, his book was a major success in communist China. It seems the chinese took it seriously, learned to instrumentalize capitalism to build their own monopolies, but then disenfranchised the capitalists.