By Ronald Radosh, Murray N. Rothbard
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Extra info for A New History of Leviathan: Essays on the Rise of the American Corporate State
30 In two most basic areas of policy and thought, then, that of the extent of government intervention in the economy and that of the "trust" question, Wilson was no more a "Jeffersonian" than were Theodore Roosevelt, Edward D . White, Oliver Wendell Holmes, George W . Perkins, or Herbert Croly. If "Jeffersonian" is meant to connote a return to an agrarian yeoman republic, or t o the regime of unrestricted competition among independent entrepreneurs or small business units, or a government policy of laissezfaire, then much as it obscures more than clarifies in applying the term to any leading twentieth-century figure in United States history, it certainly fails even allegorically to characterize, or provide much insight into, Wilson's thought or policy positions.
271. 19 18 NEW HISTORY OF LEVIATHAN " i m m o r a l " ; ". . t o suggest t h a t t h e things t h a t h a v e h a p p e n e d t o us m u s t be reversed, a n d t h e scroll of time rolled b a c k o n itself," Wilson declared in 1912, ". . would be futile a n d ridiculous. . " 2 1 O n m o r e than o n e occasion d u r i n g t h e c a m p a i g n of 1912, as h e h a d in t h e past, Wilson declared: I a m n o t o n e of those w h o think that competition c a n be established b y law against t h e drift of a w o r l d w i d e e c o n o m i c t e n d e n c y ; neither a m I o n e of those w h o b e lieve that business d o n e u p o n a great scale b y a single organization—call it corporation, o r w h a t y o u will — i s necessarily d a n g e r o u s to t h e liberties, even t h e e c o n o m i c liberties, of a great people like o u r o w n .
Johnson was himself president of the Baldwin Locomotive Works, and Farrell the president of the United States Steel Corporation. , pp. 203-204. , pp. 15, 17,45745 Straight had served as agent of the American Banking Group in China during the days of the Six-Power Consortium, was associated with the House of Morgan, and was a leading participant in the organization of the N F T C . 32 NEW HISTORY OF LEVIATHAN h a d been passed by Congress. T h e Association's expressed p u r p o s e for inviting B r y a n t o t h e dinner, w h i c h w a s attended by leaders of the c o r p o r a t e c o m m u n i t y , was t o exchange views with h i m on, a n d h a v e h i m clarify, the Administration's foreign policy.
A New History of Leviathan: Essays on the Rise of the American Corporate State by Ronald Radosh, Murray N. Rothbard