Ron Paul on Anti-Trust

October 14, 2008 by Steel Phoenix 


This is a very old video (07/13/1983) of Dr. Ron Paul (congressman) and Dr. Dominick Armentano (Ph.D. in economics) discussing the role of government in relation to monopoly. It is a commonly held belief in this country that one of the main functions of our government is protecting us from large corporations. As our recent banking bailout illustrates, it generally does the opposite. While I find socialism rather distasteful on a government scale, I tend to think that either socialism or free market are superior to our current system evenly between the two. What we have now is politicians invested in wealthy corporations both protecting them from competition and socializing their losses.

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