Thursday, February 7, 2013

Progressives vs big business (ME) Jade Kramer


Progressives thought that large companies needed regulation and that the government should break them up to restore competition. However, others argued that big companies were efficient way to organize the economy and would prevent the companies from abusing their power.  The progressives even advocated socialism. Socialism was the idea that the government should own and operate industry for the community. The progressives wanted the government to buy large companies that people relied on 

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