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This book is an excellent study of how business collaborated with government during the New Deal era. The origins of the NRA and how it stifled trade and raised prices for consumers is a key part of this book.
Excellent book - a revealing source that explains how the United States transitioned from a relatively free market where success was governed by merit - to a managed economy where success is governed by a combination of insider status, political pandering and to a lesser degree, merit.
As with most of the United States' moves toward socialism, a fundamental principle of the US Constitution had to be set aside to remove the free market. In this case, that principle was the equal protection of the laws. For a relatively small cabal to acquire the power to regulate the remainder of their industry, and to force compliance with those regulations, required a special status under the law for the favored class, and a special duty under the law for the regulated class. This was and continues to be an outrageous injustice ensuring enabling some to always succeed - with minimal effort - while the remainder will succeed to a far lesser degree than their efforts might otherwise justify.
Great historical resource.
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