… is from page 228 of Daniel Boorstin’s 1958 volume, The Americans: The Colonial Experience:
By the 18th century, however, the powerful forces of the Industrial Revolution were breaking down the ancient monopolies of the craft and commercial guilds.
DBx: By endorsing industrial policy and protectionism, both progressives and NatCons seek to reestablish the ancient system of monopolies. Their goal is to re-institutionalize privileges for the few at the expense of the many.
The fact that neither the progressives nor the NatCons are aware of the nature of their quest for industrial policy and protectionism does nothing to change its underlying, ugly reality.
