but yeah the "free market" as we describe it is not a traditional american value

neither the jeffersonians nor hamiltonians supported such a thing

jefferson was an outright anti-capitalist

opposing generalized wage labor

what would you support then? mixed economy?

I think it is completely in the spirit of classical American liberalism, so it is as conservative as it gets.

i would support a variant of national syndicalism

I would argue from a cultural standpoint free market liberalism is closer to the American core values than syndicalism.

i don't see why

Because it is quite literally build on the value of liberty which runs deep in all other aspects of the classical American cultural tradition.

free market to support competition and innovation, with some government balances in place to stop monopolies or cabals

small business oriented

Why won't you support the most liberal economic system out there when your entire culture is based on the idea of liberty?

the dominance of vast holdings of capital concentrated in private hands directly contravenes what the founding fathers advocated for

This is why there is anti-trust regulation.

There just must be someone willing to actually implement it.

it's not particularly useful

especially when we consider that economies of scale are a reality

Cause the power elites are corrupt, not because the legislation itself is in any way, shape or form wrong by default.

the centralized political power afforded by the concentration of production power into a single body is a reality

the only question is how it is to be organized

It is a reality which the disregard of laws made happen.

Just implement the laws that already exist.

You don't need a system change for that.

no it's a reality by virtue of technological progress dictating that this is what a state needs in order to stay competitive

You must very well know that capital concentration can be offset by lowering the entry requirements for an industry, right?

Just get back to the old ways by stripping down unnecessary regulation.

even if you lower the entry requirements you still have economies of scale to deal with

Which was put there by lobbyists at the first place.

And even in the economies of scale you can have competition.

Why there are Microsoft and Mac and Linux?

yes but you will also have capital concentrated into a centralized body, necessarily entailing the concentration of political power

Why there are Coca Cola and Pepsi?

Shall I continue?

I don't think that capital concentration should equal political power concentration.

it's not about should

The people can offset the process.

i don't think they can offset it anymore than in the short term without systemic change

If they are conscious enough of the ways Big Business is trying to buy legislation offering it protection.

in the long term political power is always used in service of propertied interests

control over resources is the primary determinant of political power