“The supposed ‘countervailing power’ of Big Government against Big Business turned out to be as genuine as the conflict between ‘good cop’ and ‘bad cop’ interrogators. Historian Gabriel Kolko showed that the primary force behind the much-vaunted ‘progressive’ regulatory agenda at the turn of the 20th century was the regulated industries themselves. Major portions of the New Deal regulatory/welfare state were backed, even drafted, by the most powerful factions of corporate capital. Don’t fall for the line that state functionaries ‘work for us.’ Take a look at where they worked before they entered ‘public service’ and watch where they go back to afterward.”
Related posts:
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Why I Sued the U.S. Government 28 Years Ago and What I Learned
The 7 Choices Left to the Military-Industrial Complex
Guns, Badges, and Cartels
Why U.S. Policy in East Asia is Dangerous
The Magic of Monetary Figures
David Galland: Welcome to the Company Store
Jacob Hornberger: Dealing with the Cops
All the Value of Gold in the Palm of Your Hand
Stefan Molyneux: The Truth About Bitcoin
Oligarchies Masquerading as Democracies
Internationalization and the Libertarian Principle
Americans Are on a Tight Leash
Centralization and Sociopathology
