“Despite what some popular right-wing talk-show hosts claim, Obama is not pushing Marxism, revolutionary or otherwise. The threat is not from socialism in the sense of State ownership of the means of production, much less a proletarian uprising. Rather, he’s pushing good old American progressive-corporate elitism, or corporatism. (Some would simply call it capitalism.) It is anti-free market, but not anti-business.”
Read the full article by Sheldon Richman here.