P
pnewton
Guest
No. It is my opinion. You may deem if false. You may think have one oil company ran by Standard Oil, for example the epitome of free enterprise. I do not. Nor do I think many living at the turn of the Twentieth Century when government regulation of industry was new. Fortunately, enough Americans were aware, despite the enormous wealth to the American barony, so that we had such presidents as Taft and Roosevelt.The bolded statement is simply false.
As far as “backing up my claim”, I was assuming basic understanding of American History. No matter. Here is a quick refresher:
en.wikipedia.org/wiki/United_States_antitrust_law
Note that the purpose (and test) of this legislation is to address restraint of trade. However, if you note my first statement in response to the article, it was not I that made the first claim, but the news article. I merely challenged the assumption on which it was based. So there you have my evidence. Capitalism, when allowed to run unfettered, resulted in many industries being reduced to a single man who was in charge of that industry in America and against whom none could compete. This resulted in many evils and sins against the poor, something that cries out to God.
I find it strange that I am defending Catholic teaching here. No wonder conservatives have issues with the Pope.