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I've been arguing this point for some time. The one area I disagree with the author though, is that for all of their nominal complaints about it, most of the Left has *embraced* corporatism.

Intriguingly, even on FR you can run into those who refuse to believe either what our economic system has become or where said system finds its origins...

The one area I disagree with the author though, is that for all of their nominal complaints about it, most of the Left has *embraced* corporatism.

Yep. Ted Turner. Big media. Hollywood. Law practice.

There are essentially three economic views in the West: Corporatists/Statists, the anti-corporatist right, and the anti-corporatist left.

The anti-corporatist Left is basically unreformed Marxists. They still believe that distribution of capital and goods by the state is still feasible.

The Corporatists have their leftists and rightists, but fundamental views differ little between a Bill Clinton and a Richard Nixon.

We are the anti-corporate Right. We yearn for a pre-1913 (Fed. Reserve, 16th Amenddment, 17th Amendment, etc.) American economy. We've been losing, but not as bad as the Marxists. Most of us are putting our hopes into Fundamental Tax Reform (FTR), most recently the FairTax and it's accompanying legislation. The rest of us are rigid in our ideology, unwilling to take one step back to take three steps forward, or have given up and are waiting for the collapse.