Rothbard's "Left and Right": Forty Years Later (mises.org)
- Highlight Loc. 204-7 | Added on Saturday, March 24, 2012, 05:05 PM
In short, the term "capitalism" as generally used conceals an assumption that the prevailing system is a free market. And since the prevailing system is in fact one of government favoritism toward business, the ordinary use of the term carries with it the assumption that the free market is government favoritism toward business.
