10. Government Cartels
The only cartels that have lasted have been government cartels. There is no essential difference between a cartel and an ordinary corporation or partnership. Not even the De Beers cartel is all powerful.
The only cartels that have lasted have been government cartels. There is no essential difference between a cartel and an ordinary corporation or partnership. Not even the De Beers cartel is all powerful.
The peanut butter crunch was in 1980. Crop acreage and production was cut down by 45% by government price support, import quotas, and cartelizing of the industry. The price of peanuts more than tripled.
Limited government is inherently immoral and must be rejected by any advocate of human freedom and justice in favor of competing agencies of retaliatory force.
Whether you are trying to understand the problem of growing governmental power yourself or are trying to communicate it to others, On Power can be heartily recommended as a stimulating and profound tract.
Socialism means dictatorship, necessarily survives as dictatorship, and no centrally produced accounting ratios will change that fact. As such, competition is literally impossible under socialism, and this cannot be changed by the introduction of centrally administered accounting ratios.
I am making the simple observation that even if the US government "did nothing" according to the man on the street, it still would have been interfering very heavily in the situation in Haiti. The Haitians have been "enjoying" the help of the US military for years, which is partly why they were so ill equipped to deal with a powerful earthquake.
With WWII, Morgans get their war in Europe; Rockefellers get their war in Asia. Both sides are happy. Rockefellers take over foreign relations and create the Trilateral Commission, while electing Carter President in 1977.
The mania for legislation would be, in an important degree, restrained if the government were compelled to pay the expenses of all the suits that grew out of it.
When John T. Flynn has put the Roosevelt myth through his terrible wringer and thrown aside the empty sack, all that remains of it is — the myth.
State dominated cartels used intellectuals as apologists for the government. Big unionism was to transmit orders to the working class. Public utilities were government monopolies for fifty year terms, run without any checks by the public. It is the function of government to run everything.