“I hope we shall crush … in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country”.
“The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism—ownership of government by an individual, by a group, or by any other controlling private power.”
(Franklin D. Roosevelt, “Recommendations to the Congress to Curb Monopolies and the Concentration of Economic Power,” April 29, 1938)
“The idea that political freedom can be preserved in the absence of economic freedom, and vice versa, is an illusion. Political freedom is the corollary of economic freedom. It is no accident that the age of capitalism became also the age of government by the people.”
(Ludwig Von Mises. Planning for Freedom. Libertarian Press. 1962)
This piece is partnered with Corporate Coercion
Digital work and editing in CS6.