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Yves Guyot

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Neither government nor municipal monopolies are novelties; they are antiques. To represent them in the light of consequences of modern economic changes is to commit a solecism. They are not indicative of evolution, but of retrogression.


Yves Guyot, Where and Why Public Ownership Has Failed, Book IV: Political and Social Consequences of Public Operation, Chapter I, Socialist Programs and the Facts” (American edition, 1913).

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