"It would be correct to describe this state of affairs in this way: Today many or some groups of business are no longer liberal; they do not advocate a pure market economy and free enterprise, but, on the contrary, are asking for various measures of government...
Economics

TGIF: Social Cooperation Versus Violence
by Sheldon Richman | Dec 27, 2024 | Economics, Featured Articles, Sheldon Richman, TGIF
The chilling photo of a hooded man cold-bloodedly executing a health-insurance CEO on a busy New York City street should make any decent person pause and reflect. Anyone who even glimpses the role of social cooperation in making life better and longer felt sickened,...
Protecting Vested Interests
by Sheldon Richman | Dec 26, 2024 | Blog, Economics
"There were and there will always be people whose selfish ambitions demand protection for vested interests and who hope to derive advantage from measures restricting competition. Entrepreneurs grown old and tired and the decadent heirs of people who succeeded in the...
From Savagery to Civilization
by Sheldon Richman | Dec 25, 2024 | Blog, Economics
"The market economy is a man-made mode of acting under the division of labor. But this does not imply that it is something accidental or artificial and could be replaced by another mode. The market economy is the product of a long evolutionary process. It is the...
What Corporatism Actually Is
by Sheldon Richman | Dec 24, 2024 | Blog, Economics
"The fundamental idea both of guild socialism and of corporativism is that every branch of business forms a monopolistic body, the guild or corporazione. This entity enjoys full autonomy; it is free to settle all its internal affairs without interference of external...
Good Plan Means My Plan
by Sheldon Richman | Dec 23, 2024 | Blog, Economics
"All this passionate praise of the supereminence of government action is but a poor disguise for the individual interventionist’s self-deification. The great god State is a great god only because it is expected to do exclusively what the individual advocate of...
Who Needs What?
by Sheldon Richman | Dec 22, 2024 | Blog, Economics
"[I]t is evident ... that the man, who first made himself clothes and built himself a cabin, supplied himself with things which he did not much want, since he had lived without them till then; and why should he not have been able to support in his riper years, the...
Whose Plan?
by Sheldon Richman | Dec 21, 2024 | Blog, Economics
"The alternative is not plan or no plan. The question is whose planning? Should each member of society plan for himself, or should a benevolent government alone plan for them all? The issue is not automatism versus conscious action; it is autonomous action of each...