Alakazam! Your wish is my command. I do believe that pre-1980 capitalism was more managerialist in the sense that it empowered the rank-and-file “Organization Man” types, but post-1980 cowboy capitalism is not — contrary to official myth — empowering to shareholders. It’s the ideology of CEOs who get $200 million golden parachutes for stripping their companies of assets and downsizing most of the workforce and then leaving someone else to pick up the wreckage.

I would argue that, by simply removing the secondary or ameliorative interventions and leaving the primary interventions (i.e. privileges) whose side-effects those secondary interventions helped alleviate, cowboy capitalism actually increased the net level of intervention. Most of the forms of statism rolled back were simply secondary limits or restrictions on the primary privileges granted by the state.

I made the same argument at greater length here: http://www.thefreemanonline.org/featured/free-market-reforms-and-the-reduction-of-statism/