Isabel Paterson Quotes
As freak legislation, the antitrust laws stand alone. Nobody knows what it is they forbid.
Paterson, Isabel. The God of the Machine. G. P. Putnam's Sons, 1943, p. 172.
While this statement seems totally absurd to us today, at the time most politicians and judges believed it. Only the left wingers and the populists opposed the doctrine as well as most business owners who knew the truth but of course most preferred the have their own monopoly. One of the reasons the large American corporations did not want Jewish and Chinese immigrants is that those cultures supported highly competitive businesses and might give consumers a better deal or worse, their culture would argue for less monopoly and more competition. For more than half a century AT&T was given a monopoly over almost all telephone service in the United States. Finally the Federal Courts saw through the company propaganda, and ordered AT&T broken up. The “Baby Bells” have persuaded most state legislatures and regulatory bodies of this same argument, and almost every community of the United States has a monopoly on local wired local telephone service. The same is true about water and electricity and a great deal of American transportation. Every major company strives for as much of a monopolistic position the government will allow; some are overt like the electrical companies. Others are more subtle and use copyright and patents to be sure that there is no price or service competition. Fortunately, the high tech industry is to technologically competitive that prices have been have been going down constantly not like telephone and Internet connectivity, entertainment, education, and professional services.
This volume roughly is to Islam what the Gospels are to Christianity. To most Muslims The Sunnah is a collection of holy material on the life of Mohammed. It is not of the force or importance as the Koran, but it is revered.
Railroads and other large markets shared dominated by a few large corporations.
Isabel Paterson was a Canadian-American journalist, novelist, political philosopher, and a leading literary and cultural critic of her day. Historian Jim Powell has called Paterson one of the three founding mothers of American libertarianism, along with Rose Wilder Lane and Ayn Rand, who both acknowledged an intellectual debt to Paterson. Paterson's best-known work, The God of the Machine (1943), a treatise on political philosophy, economics, and history, reached conclusions and espoused beliefs that many libertarians credit as a foundation of their philosophy. Her biographer Stephen D. Cox (2004) believes Paterson was the "earliest progenitor of libertarianism as we know it today." In a letter of 1943, Rand wrote that "The God of the Machine is a document that could literally save the world ... The God of the Machine does for capitalism what Das Kapital does for the Reds and what the Bible did for Christianity."
