Business Quote by Franklin D. Roosevelt
“Private enterprise is ceasing to be free enterprise. Private enterprise, indeed, became too private. It became privileged enterprise, not free enterprise.”
About This Quote
Source Speech: Economic Policy Address, 1938
Free enterprise is being eroded into privileged, exclusive business, losing its openness.
In simple terms: Business becoming exclusive, not free.
Key Takeaway
Advocate true competition.
Themes
economics
competition
regulation
privilege
freedom
Mood
critical
hopeful
Type
economic
policy
When to use this quote
- policy making
- business law
- consumer protection
- tax reform
Key Concepts
market failure
regulatory capture
economic inequality
Questions to Reflect On
- What safeguards ensure market fairness?
- How to balance regulation and innovation?
A Different Perspective
Privileged enterprises may still dominate despite reforms.
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![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)