Mistaken in example sentence
Once we view the core of the West's model to be this system -- free enterprise to achieve growth plus markets aimed at inclusion -- we can see that economic policy, particularly on the European Continent, has been a double blunder: First, there was a gamble to disempower and bypass private capital -- to make layoffs difficult, to prop up inefficient firms, to interfere with decisions that should be made by private business and to expand public-sector jobs -- in the mistaken hope that demoting enterprise would shore up jobs and inclusion.