Mapping the DNA of Regulation-Versus-Competition Debate  Source:
Library of Congress, Prints and Photographs Division.  A
campaign poster showing three of the candidates in the 1912
presidential elections,... Read More  A campaign poster showing
three of the candidates in the 1912 presidential elections,
Theodore Roosevelt, Woodrow Wilson and William Howard Taft.
Close  Source: Library of Congress, Prints and Photographs
Division.   Since the financial collapse of 2008, the advocates
of regulation and the supporters of competition (via breaking up
the banks) have echoed a debate that took place 100 years ago.
The presidential election of 1912, which occurred at the climax
of modern industrialization and finance capitalism, featured
four candidates espousing different solutions.  Eugene V. Debs,
running on the Socialist Party ticket, called for government
ownership of railroads, utilities and large-scale manufacturers.
William Howard Taft, the champion of the regular Republican
Party, implied leaving control