The New York Times may develop a case of the vapors when a conservative calls Barack Obama a socialist, but they certainly aren't uncomfortable with socialist arguments. At the top of Monday's op-ed page, opposite Paul Krugman was an article titled "Wall Street Is Too Big to Regulate."
Professor Gar Alperovitz, author of "America Beyond Capitalism," had his argument summarized in the pull quote: "Banks are larger than ever. Don't try to control them. Nationalize them." He also claimed this is a "market-friendly" step: