You really are the most incurable Romantic.
To paraphrase Stephen R Covey in "The 7 Habits of Highly Effective People": Values can change over time, but principles never do. I hold the same principles of individual freedoms and inalienable human rights that were used to declare independence and found this country. The fact that this country has begun abandoning those principles and acting in the same way the countries we tried to differentiate ourselves from over the last 100+ years does not change those principles.
I am not accusing you of supporting any of the nasty corporatist things, I am fascinated to know how you think these outcomes are to be avoided? Because, even if it were possible to start afresh with a Utopian Libertarian world (which it clearly is not), IMO, every kind of human nastiness & folly would inevitably creep back into existence in short order.
It is a natural trend for the individual rights to fade away and government interference to increase, but it is not inevitable. If you truly want to know how to avoid them, notice that I often mention the Constitution. Look at government entities (or supposed independent ones that work with the government) that have the power of law without elected officials that must answer to the voters: The Federal Reserve, FCC, FDA, etc. Look at the things they are over. The entities have been around for a very long time, yet somehow they manage to fail at their stated goals. They have constantly benefited the corporations, making it possible for the corruption to take hold.
The Federal Reserve plays games with monetary policy behind the scenes that benefit corporate bank executives (and its run by appointed bankers, imagine that) and the banks in ways that harm the low and middle classes, they play with loan rates in order to spur unnaturally fast economic growth and ignore the economists warnings. They also loan out money to the government with zero accounting for how they manage to do that. And they print paper money. All of this in violation of the Constitution which gives Congress the power "to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures."
The FCC regulates content over the airwaves and grants licenses to broadcasters and communications industries based on a certificate of need, allowing for monopolies to be formed in regional areas. In fact, when it was chartered in 1934 it was determined it must do this to prevent "unneeded competition." It was determined by the government that certain competition was bad. Along the lines of communications, during World War I the government took over all telecommunications lines in the name of national security, effectively killing all the slowly growing competition that AT&T had. During that time long distance rates increased dramatically. At the end of the war AT&T was handed the entire network, along with 80% of the profits earned during the war from the increased rates, which did not go back down, along with a check for $13 million for any "losses incurred." Then in the 80's that same government accused AT&T of anti-trust due to their monopoly status, conveniently forgetting how that happened.
FDA - Do I need to explain how much they screw up in favor of the pharmaceutical industries? Drug companies do enough testing to show the drug does what they say and doesn't kill a small test group. Then they send their drug to the FDA for testing, and
pay the FDA for their services. Let me reiterate: The FDA is paid by the same companies they are supposed to govern. The FDA does some testing for safety and effectiveness, holding the drugs from the public for two years or more, and then sends it out the door. If the FDA testing fails to catch something and someone dies, they blame the same corporation that paid them to test it.
I could keep going. Next I would go after the education department, but Danoff covered that already.
Anyway, before I get off track: I do not believe that we can change this all over night. That would cause panic and instability. It will have to be a slow and steady process, but if the goal is to avoid corruption that is found with wealth and power you have to start from the entity that controls wealth (monetary supply) and power (regulatory authority), the government. Start removing these entities that are exercising power only granted to the Congress (and some not, meaning they belong to the states) by the Constitution and make elected officials accountable for these problems. Assuming the Supreme Court follows the Constitution, and not examples set by other countries, and every single regulation or policy change will be overly researched and examined by the legislature for fear of their jobs. What you will see is them not ignoring petitions in newspapers signed by hundreds of economists all but calling the president a liar for saying that all economists agree with him. You will see multiple thousand page bills made viewable to the public for days so that it can be given proper scrutiny, assuming you ever see a thousand plus page bill again, which will be unlikely.
It took us over 100 years to get to a point where we are telling citizens what they can eat and drink, or even what light bulbs to buy. It will take a while to return to a state where individual liberties are protected once again.
But the fact is that if each individual is properly protected then the collective as a whole will be better off.
Just as one concrete example, I would like to know how you believe the recent financial crisis was arrived at, how (if at all) it could have been "fixed", & how (if at all) it could be prevented from re-occurring?
I imagine I likely covered this above when talking about The Fed, and have discussed it in multiple other places on GTP. But to make life easier, click on the picture in Omnis' post. It hyperlinks to a site I would pull half my stuff from anyway.
I will warn you though, Austrian economics are often scary for someone who has been told that Keynesian economics are all there is.