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To: rmlew

(Jeez...)

I’m tellin’ ya.

Even on FR, to find like-minded believers in economic and political freedom is as rare as hens’ teeth.

Just discovered an interesting book which I’ve put at the top of my reading list. It’s called “The Triumph of Conservatism” by an ultra-New-Lefty named Gabriel Kolko. He claims — rightly, I believe — that the “conservative” era prior to FDR and Hoover (1900 to 1916) was in no way an economically free era of laissez faire in which Big Business wanted government out of its way. Not at all. It was an era in which Big Business actively COURTED government intervention into its midst (via forming cartels that it called “Trade Associations”) for the sole purpose of protecting it from the competition of upstarts, changes in consumer tastes, and other forms of market discipline.

The sad part about capitalism and economic freedom is that everyone wants the advantages of free competition as long as it’s in someone else’s industry. In one’s own industry, one usually wants the “advantages” of government regulation and protection from the marketplace.

Except for greater education in economics and morality, I know of no solution to this problem.


15 posted on 04/11/2010 6:58:16 PM PDT by GoodDay (Palin for POTUS 2012)
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To: GoodDay
I am not opposed, in theory, to some planning such as industry-supporting tariffs. The problem comes with the idiots we would have running the system in the US.
But European Fascism is quite different. We are not talking a Japanese-style MITI, but a reminder of the 1930s.
16 posted on 04/11/2010 10:24:09 PM PDT by rmlew (There is no such thing as a Blue Dog Democrat; just liberals who lie.)
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