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n. Essentially, he argued that tariffs were an artificial device that did not take into consideration the fact that many factors contributed to the cost of a product. In addition, tariffs allowed some businesses to prey on others based solely on their protected status. Protectionism also contributed to a growth in the size of government and its interference in the economy (Arne).

Sumner believed that capital was a higher form of labor; essentially, a ôsavedö form of labor. He supported the accumulation of capital in a few han

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