Well, I'm glad that /someone/ has recognised and stated the correct word for what we have today. Until I encountered your post, I was reading the comments here

Well, I'm glad that /someone/ has recognised and stated the correct word for what we have today. Until I encountered your post, I was reading the comments here with dismay - "capitalism" this and "capitalism" that... Folks, please, recognise what the system we have today is; It's Corporatism. I have yet to see in my 45 years on this planet anything resembling laissez faire capitalism. The creature and symtpoms as described by that article, and what you're all discussing, is Corporatism and its inevitable outcomes. As a variation you could probably call it Crony Capitalism. Go look both terms up and see which seems the most fitting for what we have today, for it is most definitely /not/ laissez faire capitalism in any way.