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Obama's Corporatist Big Plans

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Obama's program is nothing more than a stepped-up corporatism, draped €' as it so often is €' in rah-rah red-white-and-blue, all the better to keep the public from looking too closely. If the people can be distracted by patriotic fanfare -- cheerleader chants about being No. 1 -- jingoist can-do-ism -- maybe they won't notice that the program is merely an updated state capitalism in which the government combines with well-connected business executives and anointed union leaders to manage the economy.

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