Alternatives Quote by Benjamin Franklin Fairless
“We know that the only alternative to private competition is government monopoly of enterprise. We know that when government monopolizes production, distribution, and employment, it is no longer the servant of men - it is their master. And, therefore, we know that economic liberty and political liberty are inseparable parts of the same ball of wax - that we must keep them both, or we shall lose them both.”
About This Quote
Source Speech: Public address on economic policy, mid‑20th century, United States
Economic freedom and political freedom are intertwined; losing one endangers the other, so both must be protected.
In simple terms: Freedom in economy and politics must be kept together.
Guard both liberties.
Themes
Mood
Type
When to use this quote
- policy making
- business regulation
- civic activism
Key Concepts
Questions to Reflect On
- How can societies balance regulation and freedom?
- What safeguards protect both liberties?
If one liberty is sacrificed, the other may erode.