Otto- the free market we had before regulation was one where children worked 8 hours a day and adults worked more than a dozen hours a day. Pay was excruciatingly low, while working conditions and benefits were virtually nonexistent.
A combination of early regulatory acts and committees along with unions turned it into something habitable for a brief time until certain corporations were able to establish themselves as monopolistic across the US.
Indy Week • 302 E. Pettigrew St., Suite 300, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
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