RNS Quote of the Day: 03/17/09

Preach! Preach!

Marxists claim that the operations of markets have a natural tendency to spawn monopolies.  They call this “monopoly capitalism.”  In reality, markets have a natural tendency to break up and undermine monopolies.  Almost all monopolies under capitalism are those set up by governments stifling and interfering in the operations of markets.

The most harmful monopolies in modern economies are the labor unions.

Steven PlautWhat is Marxism?

Unions: Shielding the mediocre for over a century.

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