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Business corporations in general are not defenders of free…

“Business corporations in general are not defenders of free enterprise. On the contrary, they are one of the chief sources of danger…Every businessman is in favor of freedom for everybody else, but when it comes to himself that's a different question. We have to have that tariff to protect us…” quote by Milton Friedman
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“Business corporations in general are not defenders of free enterprise. On the contrary, they are one of the chief sources of danger…Every businessman is in favor of freedom for everybody else, but when it comes to himself that's a different question. We have to have that tariff to protect us against competition from abroad. We have to have that special provision in the tax code. We have to have that subsidy.”

Milton Friedman

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Businesses claim to protect free enterprise but often seek protections that limit competition, revealing self‑interest.

In simple terms: Companies say they support freedom but want special favors.

Key Takeaway

Question motives behind corporate lobbying.

Themes

economics politics ethics

Mood

critical analytical inquisitive

Type

political economic

When to use this quote

  • policy making
  • trade negotiations
  • public discourse

Key Concepts

free market protectionism corporate power

Questions to Reflect On

  • Do all corporations act similarly?
  • When can protection be justified?
A Different Perspective

The argument may overgeneralize all firms.

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