Wednesday, April 29, 2015

Rothbard on Kolko



As Kolko pointed out, all the various measures of federal regulation and welfare statism that left and right alike have always believed to be mass movements against Big Business are not only now backed to the hilt by Big Business, but were originated by it for the very purpose of shifting from a free market to a cartelized economy that would benefit it. Imperialistic foreign policy and the permanent garrison state originated in the Big Business drive for foreign investments and for war contracts at home.

The role of the liberal intellectuals is to serve as "corporate liberals," weavers of sophisticated apologias to inform the masses that the heads of the American corporate state are ruling on behalf of the "common good" and the "general welfare"—like the priest in the Oriental despotism who convinced the masses that their emperor was all-wise and divine.

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