From the perceptive Megan McArdle at The Atlantic:
I find it hard to believe that none of the liberal commentators breathlessly celebrating Wal-Mart's "capitulation" on national health care have even entertained the most parsimonious explanation: that Wal-Mart is in favor of this because it raises the barriers to entry in the retail market, and hammers Wal-Mart's competition. Yet somehow, this appears nowhere in any of the analysis.
She wraps up: "All of which is to say, Bootleggers and Baptists should be required reading in all schools. When you find strange bedfellows in politics, don't look for a surprising outbreak of spontaneous virtue: looking [sic] for the hidden conspiracy."
More here.
1 comment:
Obviously it doesn't excuse Wal-Mart, but should we have ever expected anything different?
Every company is going to try and get from the state what it can. Maybe it's convince other libertarians not to use it as a beacon of the free market though.
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