Question
Part 3: Quote Analysis - Read the following quote from Milton Friedman and answer the question. It's not proper to put the issue as industrialists
Part 3: Quote Analysis- Read the following quote from Milton Friedman and answer the question.
"It's not proper to put the issue as industrialists versus government. On the contrary, one of the reasons why I'm infavour of less government, is because if you have more government, industrialists take it over. The two togetherform a coalition against the ordinary worker and the ordinary consumer. I think business is a wonderful institution,provided it must face competition in the marketplace, and it can't get away with something except by producing abetter product at a lower cost."
13. Why is crony capitalism a problem for ordinary workers and consumers?
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