It's fascinating that the Daily Mail, in its scurrilous attack on Ralph Miliband, notes amongst other things that:
Ralph Miliband himself, in his 1969 book The State In Capitalist Society, declared: 'Advanced capitalism is all but synonymous with giant enterprise; and nothing about the economic organisation of these countries is more basically important than the increasing domination of key sectors ... industrial, financial and commercial ... by a relatively small number of giant firms, often interlinked.'
Er, yes....... Isn't that now very clearly borne out by the very obvious evidence of what has happened since he wrote?
How can anyone be shocked by this? Shouldn't they be saying he got it right? And what are we going to do about it?