Driven by the insight that the game is rigged in favor of the wealthy and well-connected, Republicans can push a free-market populist response.

Free-market populism is, for one thing, a moral stance, manifested through rhetoric and action.

Republicans have become more comfortable lately denouncing “crony capitalism” and even “corporate welfare.” After blaming politicians who use public power to enrich private interests, Republicans also ought to shame some of the “capitalists” and their lobbyists who demand handouts and protective regulations.

Republicans ought to abolish corporate welfare, including subsidies for exports and green-energy projects. Break up the big banks. Get rid of corporate tax credits.

Politically, these policies checkmate Democrats because corporatism is at the heart of President Obama’s economic agenda.