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This quote addresses what would now be called "crony capitalism". That is, those in power or with resources using government for their own ends. For example,
by bcheung 12y ago
This quote addresses what would now be called "crony capitalism". That is, those in power or with resources using government for their own ends. For example, making it a requirement for people to buy your product, or erecting barriers to entry for your competitors. It warns of when in society it is easier and more profitable to use the system to be a parasite than it is to produce something of value.