Big business and the collapse of the American market
by Joel Cameron Beckwith
Free Market News Network
02/25/05
Big businesses often become inefficient over time and when they find hungry new competition in tireless pursuit of their market share, they often turn to politics to solve their problems. Any business in ties with the government is likely to exploit that relationship to protect their interests, even to the detriment of business freedom and the free market. Many of these big businesses were part of the National Civics Federation (NCF) 'which sponsored legislation to promote the formation of 'public utilities', a special privilege monopoly granted by the state.' Fannie Mae enjoys many privileges because of its ties to the federal government...
http://www.freemarketnews.com/pview/5783/983/html/index.php
Informant: Thomas L. Knapp
Free Market News Network
02/25/05
Big businesses often become inefficient over time and when they find hungry new competition in tireless pursuit of their market share, they often turn to politics to solve their problems. Any business in ties with the government is likely to exploit that relationship to protect their interests, even to the detriment of business freedom and the free market. Many of these big businesses were part of the National Civics Federation (NCF) 'which sponsored legislation to promote the formation of 'public utilities', a special privilege monopoly granted by the state.' Fannie Mae enjoys many privileges because of its ties to the federal government...
http://www.freemarketnews.com/pview/5783/983/html/index.php
Informant: Thomas L. Knapp
Starmail - 28. Feb, 15:41
