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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Geoff Altman who wrote (34227)7/11/2008 1:37:45 AM
From: RMF  Respond to of 224748
 
Geoff, the government first became "involved" to any extent in business, during the Teddy Roosevelt Administration.

Teddy was the "Trust Buster". Before then, businesses just monopolized industry and set their own prices and paid their own wages.

Upton Sinclair wrote some stuff about that. If you go to China today you'll see many of the same things going on.

It's sort of standard stuff for nascent capitalism.

Would you like the U.S. to return to the Pre-Roosevelt times?

Would you like NO laws on industry...SOME laws on industry??
You have to give me SOME parameters here.

You say you don't think government should be allowed to create a "minimum" wage, so does that mean that any business should be allowed to pay whatever the market will bare? If that were the LAW, then I can assure you that construction crews would ALL be day laborers.