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It Could Happen Here Weekly 11

It Could Happen Here

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The Purpose of Private Ownership

Business is a system of power that extracts wealth from industry by means of sabotage production to serve human need. The purpose of private ownership is wholly and only an institution of exclusion. And institutional exclusion is a matter of organized power, as we can see from the ganeside on the plains. Vebl intends to focus on the power of absentee owners to stop production but business stands in the way of industry in more immediate ways too.

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