-Caveat Lector-

Kris Milligan writes in part:
>Sumner's position is more consistent than those who strongly opposed social
>welfare and industrial regulation but who made enormous exceptions when it
>came to subsidies and benefits for industry. Under the rubric of "jobbery,"
>Sumner condemns "any scheme which aims to gain, not by the legitimate fruits
>of industry and enterprise, but by extorting from somebody a part of his
>product under guise of some pretended industrial undertaking" (354). He had
>in mind state development projects--buildings, internal improvements,
>investment credits, etc., along with the "greatest" bit of jobbery of all,
>the protective tariff (354).

This is the crux of the failure of many so called "capitalists." They are essentially
anti libertarian and anti free market. They give false praise to "economic freedom"
but in reality seek to use the power of Government to distort the system and
co-opt government's taxation and police powers to further their own mercenary
ends.

These pirates do not reflect true economic freedom or libertarianism.
They are the anti thesis of both.
flw

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