Quotation of the Day…

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… is from page 145 of Johan Norberg’s superb 2023 book, The Capitalist Manifesto (original emphasis):

Socialism for capitalists is no better than other forms of socialism, and few reforms could be more important than once again making capitalism a system of profit and loss. The market-liberal logic is merciless: either a business is competitive and so does not need support, or it is not competitive and so doesn’t deserve support.