I haven't read this yet but it looks interesting:
http://www.cato.org/pubs/policy_report/cpr-20n1-1.html
-- Steve
Capitalism means many different things, of course; Randians say
capitalism is simply freedom, but that's inadequate, because any
definition of capitalism must mention *capital* in one way or another.
Capitalism is sometimes defined as that condition of society when
capital is concentrated in a relatively small number of hands; this
definition is used by those who wish to oppose such a condition. It it
sometimes further refined to mean that condition of society when
government is tightly intertwined with wealthy private business, a
condition which should be of concern to any libertarian. Libertarians
quite emphatically believe in the freedom to engage in private
business, but that's quite different from government protection of
some businesses. The supposed leftist intellectuals discussed in the
article (without giving *any* definitions or statistics -- check your
premises!) make the error of rejecting everything called "business";
it is equally common for rightists to make the error of *defending*
everything called "business." Big business is not dangerous because it
is big, or because it is business, but it is dangerous to the extent
that its existence is comingled with big government. The same is true
of big labor or big charity or big anything. Libertarians defend the
freedom of business and of labor and of charity, but oppose the
comingling of any of these things with government. Those radical
libertarians called "anarchists" suggest that government is nothing
but such comingling, so if the comingling is eliminated, so is
government.
Neither Left, nor Right, but UP,
Justin 