the alternative to strong, democratically controlled government is not the free market triumphant. The alternative to democratically controlled government is extraction—the rule by the very few for the very few. Extractive elites are not fans of the free market. They cannot resist the temptation to write the rules in their own favor, to shut down innovation, and to suppress dissent. They let infrastructure rot, underinvesting in roads, R&D, hospitals, and schools. If democracy dies, so—in the end—will liberty, the free market, and the prosperity it brings. Business must demand that the rules
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