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Big Business and the Rise of American Statism (1971)

In this booklet, the free market anarchist Roy A. Childs takes a careful historical look at the rise of American business empires, and the regulatory state supposedly introduced to curtail their power. A closer look at the evidence shatters the conventional, Patriotically Correct text-book treatment of the regulatory state as a check on big business: in fact it was largely the product of the Robber Barons’ corporate empires: their much-desired creation, their most powerful ally, and their most dangerous weapon against disruptive competitors, demanding customers and smaller-scale alternatives.