70 Year Magazine Archive

The Great Cartel Scheme

by William Schulz

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Rep. John Dingell (D., Mich.) says it would “repeal the free enterprise system, gouge the consumer, and set off a dizzying spiral of inflation.”

Rep. Bruce Alger (R., Tex.) says it would “abolish capitalism as we know it. It would outlaw price competition and penalize not only the efficient retailer but the bargain-hunting housewife as well.”

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