This article is about American history and American politics but mutatis mutandis, it applies to us. Big business, as anyone who has really been involved in a fight against unnecessary regulations, of the British, the European or the joint variety, knows, loves them until they find themselves one to one against the state, having disposed of any competition through legal means. Even then various deals can be struck.
Furthermore, in the US, as here, it is assumed that developments through the unholy alliance of big corporate and state welfare are the only possibilities. Nothing else could ever have happened and that suits the statists just fine. Well, it ain't necessarily so. If we are to get out of the mess we are all in (and no, it is not as bad as the mess Russia and some other former Soviet states are in) then we need to look at various alternatives that existed or had been proposed. We might not like them but let us look at them.
Oh and while we are on the subject, I received a copy of Eamonn Butler's latest publication, Public Choice - A Primer. It will be read and reviewed.
2 hours ago