"There is far more danger in a public monopoly than there is in a private monopoly, for when government goes into business it can always shift its losses to the taxpayer. The Government never really goes into business, for it never makes ends meet, and that is the first requisite of business. It just mixes a little business with a lot of politics, and no one ever gets a chance to find out what is actually going on."
- Thomas A. Edison
Courtesy of CrossFit.com
Seems to me that this one goes to the heart of one of the biggest and most commonly held beliefs in our nation - which is wrong. And that is that government's defend us from monopoly predation. I know of you instance of actual monopoly predation which did not result from the engagement of government. Rather than saving the citizenry from government, government actually creates monopoly after monopoly, all of which are supported by the coercive power of the state.
No comments:
Post a Comment