Leo Panitch is at the same time far too generous and mistaken when he sees my book as representing the coming of the monopoly stage in the development of the growth industry of corporatism. If I were, by writing the first book-length work on the theory of corporatism, to succeed in cornering the vigorous international market in ideas, then this would be praise indeed. Of course, the notion is absurd and is as flawed as Panitch's reading of the book.