> Sure wish the book writers like Michael P. and Doug H. would do a
> jointly authored one on how the threat of systemic failure on Wall
> Street only avoided by trillions from the public, not private, sector,
> means that this is no longer a private enterprise system. Not to
> mention GM and Chrysler.
But "private enterprise systems" have always required a large state to perform various tasks, especially at points of crisis. The state is just constituted differently and does different things than a pre-capitalist state does.