Sheldon Richman, senior fellow at the Future of Freedom Foundation and editor of The Freeman, discusses the French pre-Marxist origins of class war theory, how outrage at welfare handouts distracts attention from much larger corporate welfare payments, industry “watchdog” regulatory agencies that help favored businesses consolidate power and eliminate competition, the burden of eminent domain on the poor and powerless, how the 1930s labor laws designed to diminish the destabilizing effect of strikes on big business, and a recommendation of Gabriel Kolko’s Triumph of Conservatism.

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