And note how he extols the gilded age and the robber barons, and the social Darwinist narrative. Maybe in the 1980's the lid was lifted by the fact of the fading memory of the Crash of 1929 and the Great Depression. After all, in the introduction to his book The Great Crash 1929, J K Galbraith says that it is memory and not regulation that prevents speculative bubbles and crashes.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes