Commercial concerns have expanded from family business to…
“Commercial concerns have expanded from family business to corporate wealth which is self-perpetuating and which enlightened statesmen and economists now dread as the most potent oligarchy yet produced.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Economic power concentrates into self‑reinforcing oligarchies, alarming enlightened leaders.
In simple terms: Wealth concentrates into powerful, self‑sustaining elites.
Beware growing economic oligarchies.
Themes
Mood
Type
When to use this quote
- policy making
- activism
- education
Key Concepts
Questions to Reflect On
- How can societies balance growth and equity?
- What reforms curb oligarchic power?
Not all concentration is inherently negative.