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About
Snippet
Our
freedom
of
choice
in
a
competitive
society
rests
on
the
fact
that,
if
one
person
refuses
to
satisfy
our
wishes,
we
can
turn
to
another.
But
if
we
face
a
monopolist
we
are
at
his
absolute
mercy.
And
an
authority
directing
the
whole
economic
system
of
the
country
would
be
the
most
powerful
monopolist
conceivable...
It
would
have
complete
power
to
decide
what
we
are
to
be
given
and
on
what
terms.
It
would
not
only
decide
what
commodities
and
services
were
to
be
available
and
in
what
quantities;
it
would
be
able
to
direct
their
distributions
between
persons
to
any
degree
it
liked.
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