Commentary Among the many grim memories from the depths of lockdowns were boarded up local shops and long lines outside the big-box stores like WalMart, Kroger, Whole Foods, and Home Depot. For very strange reasons, small business was universally declared to be nonessential whereas the big chains were deemed essential. This amounted to a massive…
How Lockdowns Bolstered an Industrial Cartel
May 30, 2023
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big businesscorporatismfascismindustrial cartelsLudwig ErhardOpinionregulatory stateSmall BusinessesU.S. economyViewpoints
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The Racket of Regulatory Capture
Commentary Robert F. Kennedy, Jr., in interviews never fails to bring up the problem of regulatory capture. He calls this merger of enterprise and government a kind of corporatism. That’s the older word for the ideology later called fascism. It is the correct label. He is to be commended for raising the problem, which is…
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