The Limitation Order and the Open Access Order

Since the beginning of time, government has sought sources of revenue and mechanisms of control. A limited access order is where the state sells monopolies to powerful groups. And so from two thousand b c through 19 hundred, that was the way most governments work. But before 19 forty one, we have the sherman act. We have a series of acts by the us Congress. It's easier for the government to regulate a single incumbent, just as it always had been. This was nothing new. The difference was the progressive reform starting in about the 18 90 and a theodore rose in the united states. They were going to break these firms up. Well, they didn't really break them up