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Still the "Industrial State". Note the emphasis of Geithner's plan on "systemically important" companies.

Actually, the Fascist corporatism has little in common with what's going on in the US now, because the latter is still ideologically married to individualism

Corporatism (Italian: corporativismo) is a political culture in which adherents believe that the basic unit of the society is some corporate group, rather than the individual. Political cultures which hold the individual as the basic unit are called individualistic cultures. The basic unit of the society is what people in the culture consider to be the proper concern of the government.


Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Sun Mar 29th, 2009 at 06:44:16 AM EST
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