Article Domestic

Interventionism, not capitalism, has caused our economic problems

"With all these government intrusions into the market come special favors and privileges, anti-competitive practices, protections, and subsidies that benefit some at the expense of others due to the interaction of government officials and politicians on the one hand and those in the private sector wanting to escape from competition through interventionist 'shelters' that guarantee them 'safe spaces' from the normal competitive forces of a real free enterprise system."

Richard M. Ebeling writes in The Orange County Register that interventionism, not capitalism, is to blame for economic problems.

“With all these government intrusions into the market come special favors and privileges, anti-competitive practices, protections, and subsidies that benefit some at the expense of others due to the interaction of government officials and politicians on the one hand and those in the private sector wanting to escape from competition through interventionist ‘shelters’ that guarantee them ‘safe spaces’ from the normal competitive forces of a real free enterprise system.”

Read the full article here.

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