Capitalism, the Unknown Ideal - Study Guide Notes on the History of American Free Enterprise Summary & Analysis

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"If a detailed, factual study were made of all those instances in the history of American industry which have been used by the statists as an indictment of free enterprise and as an argument in favor of a government-controlled economy, it would be found that the actions blamed on businessmen were caused, necessitated, and made possible only by government intervention in business" (Chapter 7, p. 102). Many of the things business was blamed for were not the result of business but the result of government and government control of the economy. Many businessmen end up taking the blame for what government does and the government then uses this to expand the crime.

An example of the above claim are the railroads. The railroads were built using some government money and many of them...

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This section contains 283 words
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Buy the Capitalism, the Unknown Ideal Study Guide
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