paul krugman/naomi klein statist leftism vs. right-wing corporatism presents us with a horrendous dilemma: state or corporation? it articulates a stark choice between forms of subordination: state control of the economy (along with and backed by military or police coercion), welfare-state regimes of total surveillance and public housing vs. horrendous economic inequalities, third-world exploitation, and every surface plastered in advertising. choose a spike for your impalement. but i suggest that this opposition is anachronistic, still based on marxist vs laissez-faire models as they squared off in the 19th century. seriously, on which horn of this dilemma do you place china? both at once, and the u.s. and the eu are constantly approaching the condition of squishy totalitarianism: the merger of corporation and state into a single overwhelming power (well, they were never as distinct as the ideologies made them seem). the point has to be resistance to power. if the choice is state or corporation, we had better colonize a new planet and start again.
say your strategy to reduce the power of goldman sachs was to give more power to the treasury department...you'd merely be naive and confused.