"The Next American Capitalism"

"The failed Reagan-Clinton version of American capitalism was just one of half a dozen models that we Americans have tried and discarded. As methods of organizing production in the real economy, there have always been alternatives in the U.S. to the shareholder-obsessed corporation, including somewhat exotic ones like producer cooperatives and public-private hybrids. The U.S. had a banking system only a few decades ago that was an appropriately dull utility."

Michael Lind in Salon wonders what direction the political economy will take.