The great monopoly in this country is the money monopoly…
“The great monopoly in this country is the money monopoly. So long as it exists, our old variety of freedom and individual energy of development are out of the question.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Concentration of money limits personal liberty and entrepreneurial spirit.
In simple terms: Money concentration restricts freedom.
Promote financial competition.
Themes
Mood
Type
When to use this quote
- Antitrust policy
- small business support
- wealth tax
Key Concepts
Questions to Reflect On
- How does money influence political freedom?
- What safeguards protect individual energy?
Economic power can be wielded without overt monopoly.