Comment: Sadly, you’re probably

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Sadly, you’re probably

Sadly, you’re probably correct. However, it should be mentioned that being “pro-market,” like Ron, does not equate necessarily to being “pro big-business.” I think people confuse these two. In truth, business are just like people; they want rewards at little expense, and if that means lobbying government to pass higher costing regulations, then so be it, since this will disproportionally harm their smaller competitors, whereas these bigger firms, with larger economies of scale, can handle the costs.

If you want more on big-business and big-government collusion and the fallacy that more regulations are implemented for the protection of consumers when, in reality, it is only to enrich the established firms at the expense of smaller business and competitors and, also, the consumers, then Tim Carney’s The Big Ripoff: How Big Business and Big Government Steal Your Money is a good start.

Incidentally, I have another book at my disposal, one, edited by Tom Woods, called Back on the Road to Serfdom: The Resurgence of Statism, which has an essay by Tim Carney on this corporatism scheme. As an example:

When Theodore Roosevelt proposed federal inspection of meat and meatpacking, the biggest meatpackers applauded. During FDR’s New Deal, big business almost universally supported the National Recovery Act, which was a legalized system of cartels. Richard Nixon’s firmest backers for his 1971 wage and price controls were from big business, led by the National Association of Manufacturers. Bill Clinton’s new regulations on genetically modified foods, requiring expansive testing before such foods could be sold, had an ally in Monsanto, the world leader in such food.

On and on…

Why?

Big business and big government feed off each other. When government gets bigger, companies reposition themselves to profit more from government. Also, big companies are more able to craft policies to fit their businesses. In other words, neither big business nor big government is bossing the other around—they’re both playing off each other.

malo periculosam libertatem quam quietum servitium

I am an aristocrat. I love liberty; I hate equality. - John Randolph of Roanoke