Consultant & Speaker, Lean Quality Systems, Design Control, Process Validation, and Lean Manufacturing at Atzari
Republican socialism example: Shutting down Ellis Island and immigration (The Immigration Act of 1924 [The Johnson-Reed Act] signed by Coolidge) Shutting down the free movement of labor is centralized planning, not laissez faire, not free market capitalism. It means government seizing control of the production of labor. There was no free market during that time. Don’t let the socialist government school propaganda indoctrinate you. There was NO free market failure that led to Great Depression v1.0. Socialism: 1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods. 2a : a system of society or group living in