> I think when people say "fake capitalism" or "true capitalism" they're talking about unrestricted and unregulated free markets. As far as I can tell, by "fak

> I think when people say "fake capitalism" or "true capitalism" they're talking about unrestricted and unregulated free markets. As far as I can tell, by "fake capitalism" the author means the opposite of "competitive free markets" (emphasis mine), not unregulated ones. In fact, the author says, "The federal government has done little to prevent this concentration, and in fact has done much to encourage it." - i.e., the author supports increased regulation and government intervention as long as it's in the appropriate direction.