Thursday, January 7, 2010
The Myth & Meaning of Monopoly Capitalism - Lecture by Edward Griffin
A refutation of the popular myth that portrays monopoly as an outgrowth of capitalism. Monopoly is not based on free-enterprise competition, but the escape from it. Monopolists like government regulation because it protects them from competition. The days when the government served the people are long since gone. 43 minute lecture by G. Edward Griffin.