Illegal Agreements

Bethell, Tom
June 1982
National Review;6/25/1982, Vol. 34 Issue 12, p749
The article focuses on issues related to illegal agreements in the U.S. The main difference between the U.S. and the Soviet Union system is capitalism and Communism. It is viewed that if the abolition of ownership is the great economic goal of socialism it can be achieved by the abolition of agreements. The demand for any commodity will always equal the supply of it if all price agreements are legal in a country. But that is not the case. There has been discussion on prices of commodities and services which are held higher or lower than the market demand. Labor wage is regarded as the most important artificially priced commodity in the U.S.


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