Dismantling the State

Although the term ‘free enterprise’ is conventionally used to describe the economic systems of the United States and Britain the salient characteristic of both economies is the size of the public sector. In the United states, as in Britain, the government is the largest single element in the system. It is the biggest consumer, the biggest employer, and far and away the biggest spender. Besides being the largest element of both economies, government also exerts a distorting effect on such freedom of action as survives in the private sector.