I've still got a copy of Reinhart & Rogoff staring resentfully at me from the bookshelf, where I put it when I had every intention of reading it and where it stayed after they shit the bed. As such, I'm a little gunshy of radical economics texts, particularly those described as "important" and "dry." To me, though, it doesn't seem that what he's saying is that controversial. I mean, even Keynes argued that unregulated capitalism becomes feudalism. The problem we've got as capitalists is that the economists - and the people who listen to economists - tend to be the ones who benefit the most from feudalism. Meanwhile, socialism ends up subject to the exact same cronyism as capitalism so the effects of socialism end up masked. People forget that, idologically, Obama is somewhere to the right of Nixon. We've been drifting further and further towards oligarchy and authoritarian rule since Eisenhower.