Firms with established market positions wanted to reduce the impact of such competition and employed voluntary methods (such as mergers, pooling, tra… - Butler D. Shaffer

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Firms with established market positions wanted to reduce the impact of such competition and employed voluntary methods (such as mergers, pooling, trade association ‘codes of ethics,’ and other agreements) in efforts to stabilize competitive relationships. When such voluntary means failed due to lack of effective enforcement, influential corporate leaders, having found a condition of unrestrained competition and decision-making unacceptable to their interests, helped promote the enactment of legal restraints upon trade practices.

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About Butler D. Shaffer

Butler D. Shaffer (January 12, 1935 – December 29, 2019) was an American author, law professor and speaker, known for his numerous libertarian books and blog articles for LewRockwell.com.

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The origins of any productive system seem to be traceable to conditions in which the self-interest driven purposes of individuals are allowed expression. These include the respect for autonomy and inviolability of personal boundaries that define liberty and peace and allow for cooperation for mutual ends. Support for such an environment has led to the flourishing of human activity not only in the production of material well-being, but in the arts, literature, philosophy, entrepreneurship, mathematics, spiritual inquiries, the sciences, medicine, engineering, invention, exploration, and other dimensions that fire the varied imaginations and energies of mankind.

Those who do not understand the Amish often imagine that their resistance to new technologies arises from a sense of ‘evil’ they see in such tools. But this is not the case. The Amish do employ tools, but if someone wants to consider bringing a new technology into the community, the Amish study it with this thought in mind: will acceptance of this technology make us dependent upon the external world, such that we will be tempted to change our ways? An automobile, for instance, would make the Amish have to rely on parts manufacturers, tire and battery sellers, and petroleum companies to keep it operative.

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It is this institutional group-think that now finds itself threatened by new technologies that do not lend themselves to centralized controls. The Internet and other unstructured tools will continue to destabilize the herds that the institutional order has worked so feverishly to keep confined to their assigned pastures.

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