Saturday, July 16, 2005


     We've got pro-trade corporate Democrats, mostly from the Democrat Leadership Council, and pro-trade corporate Republicans.

     Nothing I've said in this blog meant to suggest that R Nader was completely incorrect when he said the parties were identical.  They are not identical.  They both, however, are serving corporate interests above any others.  Here's Adam Smith's 1776 An Inquiry into the Nature and Causes of the Wealth of Nations, page 267, Glasgow edition, on the topic of corporate sponsored legislation.

The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never to be adopted, till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it.

No comments: