The failure of the voluntary methods—whether in the form of codes of ethics or appeals to business ‘cooperation’—to effectively restrain such competi… - Butler D. Shaffer
" "The failure of the voluntary methods—whether in the form of codes of ethics or appeals to business ‘cooperation’—to effectively restrain such competitive conditions as price reduction, aggressive sales promotions, and challenges to a competitor's existing markets and clientele caused business leaders to turn to political methods to accomplish their objectives. Recalling Mancur Olson's analysis, where large groups are involved, ‘coercion’ or some other ‘special device’ is necessary to cause individuals to conform their behavior to what is in the interests of the group. It was recognized that the lack of effective means for enforcing restrictive agreements in the marketplace could be overcome by having trade practice standards enforced by political agencies that possessed the requisite coercive machinery.
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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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We offset the pursuit of our well-being with notions of altruism, and temper our happiness with feelings of guilt. In the vernacular of pop psychology, we speak of being ‘self-alienated’ people who have learned to reject our very selves. Whatever other advantages flow to us from our institutionalized world, the personal disadvantages carry a prohibitive price tag.
For our world to be predictable and controllable, it must be mechanistic and linear in nature. But, the illusions of the behaviorists to the contrary notwithstanding, there is nothing less mechanistic and linear in nature than the human mind, whose intricacies and capacities have yet to be matched by even the most sophisticated computers.
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We have allowed our lives to be taken over and monopolized by variety of political, religious, educational, economics, and social agencies over which we have little, if any, influence. These entities have helped us to construct the barriers that not only restrain us, but keep us separated from one another and serve as the boundary lines for the intergroup struggles of which we are a part. Through these groupings, we have helped to institutionalize conflict, to make it a seemingly permanent and necessary feature of human society.
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