The business war against competition

posted by
April 28, 2011
by Butler Shaffer  
Posted in Commentary

"The New Deal is, to this day, regarded as a major turning point in government and business relationships, and it represents to many the inevitable consequences of undisciplined market power. The National Industrial Recovery Act [and other New Deal regulatory initiatives] are commonly depicted by historians as having imposed competitive discipline and socially responsible behavior upon a recalcitrant business community. Paralleling this view of history, however, is a recognition that government regulation has generally served to further the very economic interests being regulated." (04/29/11)  

Our Sponsors