In "High Leverage Finance Capitalism: Ethical issues and Potential Reforms", Nielson suggests that the economic crisis of 2007-2009 ushered in a new period of capitalism that is now equipped to handle the shortcomings of previous versions.

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Nielson argues that the crisis exposed the ethical and structural problems of high leverage finance capitalism, and that potential reforms are needed to address these issues. He does not suggest that the crisis resulted in a new and improved version of capitalism.

In "High Leverage Finance Capitalism: Ethical Issues and Potential Reforms