Excellent book - a revealing source that explains how the United States transitioned from a relatively free market where success was governed by merit - to a managed economy where success is governed by a combination of insider status, political pandering and to a lesser degree, merit.
As with most of the United States' moves toward socialism, a fundamental principle of the US Constitution had to be set aside to remove the free market. In this case, that principle was the equal protection of the laws. For a relatively small cabal to acquire the power to regulate the remainder of their industry, and to force compliance with those regulations, required a special status under the law for the favored class, and a special duty under the law for the regulated class. This was and continues to be an outrageous injustice ensuring enabling some to always succeed - with minimal effort - while the remainder will succeed to a far lesser degree than their efforts might otherwise justify.
Great historical resource.
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