"Too big to fail" is the absolute antithesis of free market economics. Every time the libs rail against free market capitalism and private enterprise, I ask where exactly we've had anything like a free market in generations.
Crony capitalism is just another word for fascism really. It's a handful of giant commercial and industrial interests holding hands with the state. Tying back in with that article I posted recently, about why intellectuals hate capitalism, the most hated economic group is the mobile middle. This goes all the way back to the late medieval period when the first prototype of the "middle class" began to form, i.e. the merchants and yeomen -- not nobility, but not serfs either.
The have-nots and the aristocracy are both threatened by the mobile middle, and progressivism is essentially an unusual alliance of those two ends of the spectrum against the center. Remember when Van Jones said their revolution would be waged "bottom up, top down"?
