Truth is, for the past century, with a few notable exceptions, free-marketers have been playing defense.
Check it out:

As the economy has continued to falter under his watch, President Obama’s response has been to try to hang the albatross of the nation’s woes around the neck of, as he put it recently, “a certain crowd in Washington who, for the last few decades, have said, ‘Let’s respond to this economic challenge with the same old tune.’ ‘The market will take care of everything.’”

So “free market types” have been running the country for some time now? That’s news to me! If free market policies reign in Washington today, I’d hate to see what real socialism looks like.