The focus is being placed on allowing the failures of capitalism to occur and, of course, those failures result in consolidation of the capital.
Horizontal and vertical integration of financial entities with deregulation was not a measure for pluralism. It was integration of markets shammed as a competitive multiplicity of the marketplace through the deregulation of the financial sector. It allowed for consolidation that does not allow the "bigness" of a particular business to fail without dragging others down with it. That is not pluralism. That is consolidation and shifts the risk to the public debt; and who is identified as the debtor on that debt when the regressive quality of trickle-down economics is figured in?
It devolves the debt to those least able to pay, which is the new rule for not lending the money that has led to the liquidity crisis. Why is it not OK for a mortgage, but OK for paying the public debt? The result, of course, is just a continuously accumulating public debt until it is stopped and reversed with a more progressive tax code.
Allowing for integration of industries and markets occurs through deregulation if the goal is to ensure crisis without risk of failure and consolidation of the wealth (the reward of success without the legitimacy of risk in either case of failure or not) as a result.
Trickle down economics was sold as a benefit to those that it assigns the larger part of debtor status on the public debt. If you do not buy government debt (bonds)--and you are not likely to if you have to pay all that debt both public and private--you've been had, but good, by this system of capitalism that is being falsely sold to you as the operation of free market economics.
It is capitalism with illegitimate consolidation of markets. It is a systematic means of stealing value and calling it your personal property. It is theft. That's why consolidating markets,including their integration by diversification within an industry or sector, has been, and should be illegal.
Payment of the value on the risk can be equitably assigned by operation of public process toward a more progressive tax code. That is where the focus needs to be, along with prosecuting the criminals that corrupt the free marketplace into tyranny, in our courts of criminal justice and with the verifiable legitimacy of your popular vote.
Join the coalition for Obama and build a system for ensuring the freedom to prosper your business, your job, your nation, your world, instead of enslaving it!
Very best wishes.
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