Re: Meet The Secret Rulers of the World
The truth about the Bohemian Grove
June 15, 2001
POWER ELITES IN AMERICA: OLIGOPOLY AND POLITICAL PULL
(OR, BEWARE THE REGULATORY-INDUSTRIAL COMPLEX)
By Sam Wells
The eighteenth-century Scottish economist Adam Smith maintained that keeping a market free from political meddling benefits consumers and the economy as a whole -- but not necessarily particular business interests. This is why, throughout The Wealth of Nations, we find a deep suspicion of businessmen as a class and especially as members of politically-active special interest groups.
Smith wrote: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be enforceable, or would be consistent with liberty or justice. But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies, much less to render them necessary."
[snip]
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