Governments are not built to perceive large truths. Only people can perceive great truths. Governments specialize in small and intermediate truths. They have to be instructed by their people in great truths.
Capitalism in the United States has undergone profound modification, not just under the New Deal but through a consensus that continued to grow after the New Deal. Government in the U.S. today is a senior partner in every business in the country.
Government in the U.S. today is a senior partner in every business in the country.