The original leftists wanted to “abolish” government controls over industry, trade, and the professions. They wanted wages, prices, and profits to be determined by competition in a free market, and not by government decree. They were pledged to free their economy from government planning, and to remove the government-guaranteed special privileges of guilds, unions, and associations.
Dean Russell
Dean Russel was a member of the staff of The Foundation for Economic Education, where he wrote for The Freeman, promoted the work of Ludwig von Mises, and translated the writings of Frédéric Bastiat.
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During the early history of the automobile industry, practically every part of the car was produced by the independent manufacturers of parts. The automobile companies merely assembled the parts into a complete car. And as often as not, it was the
From the author: The issue of government ownership of the means of production is no longer open to discussion in Russia. That issue was decisively settled by revolution. The issue of government ownership of the means of production is still open to
