Word: kleine
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...Technology changes, surely, and markets change, surely, but human nature doesn't really change. Businesses still have every incentive to collude and raise prices, and without the intervention of the government, they will do so," Klein said...
Listening to the tapes with the audience, Klein concluded the ADM case shows the need for strong governmental oversight of big business...
...What you were watching was by people who knew their behavior was illegal and posed substantial risks to the company. Can you imagine what they would do if it weren't illegal?" Klein said...
...Klein insisted he did not want to be a naysayer, and said he believed the past two decades had proven the effectiveness of the free market system...
...Klein said, however, that free markets still required occasional government intervention when anti-competitive practices knocked them off-kilter...