Remembering Corporate Liberalism
“Remembering Corporate Liberalism”
by Roderick T Long
“During the first half of the 20th century, there was a widespread perception that big government and big business were fundamentally at odds. Free-market individualists generally regarded themselves as defenders of peaceful business interests against the rapacious state. Those on the left saw the same opposition though with the reverse evaluation; for them government, especially (in the U.S.) the federal government, was the champion of the common people against rapacious business interests.
In the late 19th and very early 20th century, there was a much more widespread understanding among both leftists and free-marketers of the symbiotic relationship between state and corporate power. Just imagine telling William Graham Sumner, or Benjamin Tucker, or Emma Goldman, that the relationship between government and business is one of enmity! But this insight seems to have gotten submerged in the triumphant advance of progressivism and social democracy.”