--- title: "Meaning & Key Takeaway of: Concentration of wealth and power has…" description: "\"Concentration of wealth and power has been built upon other people's money, other people's business, other people's labor. Under this concentration, in..." image: "https://sms4smile.com/quotes/i/966/franklin-d-roosevelt-488_american-society_concentration-of-wealth-and-power-has-be_1664640.jpg" --- # Concentration of wealth and power has been built upon… ![“Concentration of wealth and power has been built upon other people's money, other people's business, other people's labor. Under this concentration, independent business has been a menace to American society.” quote by Franklin D. Roosevelt](https://sms4smile.com/quotes/i/966/franklin-d-roosevelt-488_american-society_concentration-of-wealth-and-power-has-be_1664640.jpg) [Download](https://sms4smile.com/quotes/i/966/franklin-d-roosevelt-488_american-society_concentration-of-wealth-and-power-has-be_1664640.jpg) [Open image](https://sms4smile.com/quotes/i/966/franklin-d-roosevelt-488_american-society_concentration-of-wealth-and-power-has-be_1664640.jpg) > “Concentration of wealth and power has been built upon other people's money, other people's business, other people's labor. Under this concentration, independent business has been a menace to American society.” [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Wealth concentration exploits others and threatens society; independent business is seen as harmful **In simple terms:** Power and wealth built on others’ labor can harm society Key Takeaway Promote fair economic structures Themes economics power inequality labor rights independent business Mood serious concerned analytical Type political historical economic When to use this quote - policy reform - union support - small business advocacy - public education - ethical investing Key Concepts Capitalism critique social justice economic policy historical context political rhetoric Questions to Reflect On - How can independent businesses contribute positively? - What safeguards protect workers from exploitation? A Different Perspective May ignore benefits of entrepreneurship in a balanced economy ★ ★ ★ ★ ★ No ratings yet [American society](https://sms4smile.com/quotes/about/american-society/) [Built](https://sms4smile.com/quotes/about/built/) [Business](https://sms4smile.com/quotes/about/business/) [Business Menace](https://sms4smile.com/quotes/about/business-menace-794877/) [Concentration](https://sms4smile.com/quotes/about/concentration/) [Concentration of wealth](https://sms4smile.com/quotes/about/concentration-of-wealth/) [Concentration Wealth](https://sms4smile.com/quotes/about/concentration-wealth-491480/) [Has beens](https://sms4smile.com/quotes/about/has-beens/) [Independent](https://sms4smile.com/quotes/about/independent/) [Independent Business](https://sms4smile.com/quotes/about/independent-business-794876/) [Labor](https://sms4smile.com/quotes/about/labor/) [Labor Concentration](https://sms4smile.com/quotes/about/labor-concentration-794875/) [Menace](https://sms4smile.com/quotes/about/menace/) [Money](https://sms4smile.com/quotes/about/money/) [People](https://sms4smile.com/quotes/about/people/) [Wealth](https://sms4smile.com/quotes/about/wealth/) [Wealth Power](https://sms4smile.com/quotes/about/wealth-power-299477/) ## Related quotes > [ It \[concentration of wealth and power\] has been a menace to . . . American democracy. ](https://sms4smile.com/quotes/franklin-d-roosevelt/it-concentration-of-wealth-and-power-has-been-a-menace-to-american/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.](https://sms4smile.com/quotes/noam-chomsky/concentration-of-wealth-yields-concentration-of-political-power-and/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [ I think that both Bernie \[Sanders\] and Hillary \[Hillary\] have highlighted how much, over the last few decades, we have seen the concentration of… ](https://sms4smile.com/quotes/julian-castro/i-think-that-both-bernie-sanders-and-hillary-hillary-have-highlighted/) [Julian Castro](https://sms4smile.com/quotes/author/julian-castro/) > [We conclude that the concentration of wealth is natural and inevitable, and is periodically alleviated by violent or peaceable partial redistribution. In this view…](https://sms4smile.com/quotes/will-durant/we-conclude-that-the-concentration-of-wealth-is-natural-and/) [Will Durant](https://sms4smile.com/quotes/author/will-durant/) > [The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other…](https://sms4smile.com/quotes/will-durant/the-concentration-of-wealth-is-a-natural-result-of-this-concentration/) [Will Durant](https://sms4smile.com/quotes/author/will-durant/) > [I do not claim that all women, or a large portion of them, should enter into independent business relations with the world, but Ido…](https://sms4smile.com/quotes/ellen-demarest/i-do-not-claim-that-all-women-or-a-large-portion-of-them-should-enter/) [Ellen Demarest](https://sms4smile.com/quotes/author/ellen-demarest/) > [“What we see in the period 1870–1914 is at best a stabilization of inequality at an extremely high level, and in certain respects an…](https://sms4smile.com/quotes/thomas-piketty/what-we-see-in-the-period-1870-1914-is-at-best-a-stabilization-of/) [Thomas Piketty](https://sms4smile.com/quotes/author/thomas-piketty/) > [What's dangerous is the concentration of wealth in the hands of a few individuals.](https://sms4smile.com/quotes/arpad-busson/what-s-dangerous-is-the-concentration-of-wealth-in-the-hands-of-a-few/) [Arpad Busson](https://sms4smile.com/quotes/author/arpad-busson/) > [ In progressive societies the concentration\[of wealth\] may reach a point where the strength of number in the many poor rivals the strength of ability… ](https://sms4smile.com/quotes/will-durant/in-progressive-societies-the-concentration-of-wealth-may-reach-a/) [Will Durant](https://sms4smile.com/quotes/author/will-durant/) > [The annual 'Forbes' Billionaires List speaks volumes about the movement and concentration of wealth across industries and geographies.](https://sms4smile.com/quotes/david-lichtenstein/the-annual-forbes-billionaires-list-speaks-volumes-about-the-movement/) [David Lichtenstein](https://sms4smile.com/quotes/author/david-lichtenstein/) > [One way to have broader access to wealth is to reduce the tax on the large group and increase the tax on the very…](https://sms4smile.com/quotes/thomas-piketty/one-way-to-have-broader-access-to-wealth-is-to-reduce-the-tax-on-the/) [Thomas Piketty](https://sms4smile.com/quotes/author/thomas-piketty/) > [Liberals are concerned about the concentration of wealth because it almost inevitably leads to a concentration of power that undermines democracy.](https://sms4smile.com/quotes/robert-reich/liberals-are-concerned-about-the-concentration-of-wealth-because-it/) [Robert Reich](https://sms4smile.com/quotes/author/robert-reich/) > [The 1970s were the height of social mobility. College was accessible. My grandfather was a poor immigrant who went to a public school in…](https://sms4smile.com/quotes/lauren-greenfield/the-1970s-were-the-height-of-social-mobility-college-was-accessible/) [Lauren Greenfield](https://sms4smile.com/quotes/author/lauren-greenfield/) > [In India, the concentration of wealth is in a few hands.](https://sms4smile.com/quotes/rohini-nilekani/in-india-the-concentration-of-wealth-is-in-a-few-hands/) [Rohini Nilekani](https://sms4smile.com/quotes/author/rohini-nilekani/) > [According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.](https://sms4smile.com/quotes/michel-chossudovsky/according-to-the-world-bank-the-concentration-of-wealth-and-the/) [Michel Chossudovsky](https://sms4smile.com/quotes/author/michel-chossudovsky/) ## More by Franklin D. Roosevelt > [In a democratic nation, power must be linked with responsibility, and obliged to defend and justify itself within the framework of the general good.](https://sms4smile.com/quotes/franklin-d-roosevelt/in-a-democratic-nation-power-must-be-linked-with-responsibility-and/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Inquisitiveness is the most useful talent.](https://sms4smile.com/quotes/franklin-d-roosevelt/inquisitiveness-is-the-most-useful-talent/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > ['Peace on earth, good will toward men' - democracy must cling to that message. For it is my deep conviction that democracy cannot live…](https://sms4smile.com/quotes/franklin-d-roosevelt/peace-on-earth-good-will-toward-men-democracy-must-cling-to-that/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [I have seen war ... I hate war.](https://sms4smile.com/quotes/franklin-d-roosevelt/i-have-seen-war-i-hate-war/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [I have seen war. I have seen war on land and sea. I have seen blood running from the wounded. I have seen men…](https://sms4smile.com/quotes/franklin-d-roosevelt/i-have-seen-war-i-have-seen-war-on-land-and-sea-i-have-seen-blood/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [All of our people all over the country-except the pure-blooded Indians-are immigrants or descendants of immigrants, including even those who came over here on…](https://sms4smile.com/quotes/franklin-d-roosevelt/all-of-our-people-all-over-the-country-except-the-pure-blooded/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [They have given their sons to the military services. They have stoked the furnaces and hurried the factory wheels. They have made the planes…](https://sms4smile.com/quotes/franklin-d-roosevelt/they-have-given-their-sons-to-the-military-services-they-have-stoked/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [On the European Front the most important development of the past year has been the crushing offensive of the Great Armies of Russia...](https://sms4smile.com/quotes/franklin-d-roosevelt/on-the-european-front-the-most-important-development-of-the-past-year/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [The core of our defense is the faith we have in the institutions we defend.](https://sms4smile.com/quotes/franklin-d-roosevelt/the-core-of-our-defense-is-the-faith-we-have-in-the-institutions-we/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [War is a contagion.](https://sms4smile.com/quotes/franklin-d-roosevelt/war-is-a-contagion/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Labor Day symbolizes our determination to achieve an economic freedom for the average man which will give his political freedom realty.](https://sms4smile.com/quotes/franklin-d-roosevelt/labor-day-symbolizes-our-determination-to-achieve-an-economic-freedom/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.](https://sms4smile.com/quotes/franklin-d-roosevelt/too-often-in-recent-history-liberal-governments-have-been-wrecked-on/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [The frontier of America is on the Rhine.](https://sms4smile.com/quotes/franklin-d-roosevelt/the-frontier-of-america-is-on-the-rhine/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Repetition does not transform a lie into a truth.](https://sms4smile.com/quotes/franklin-d-roosevelt/repetition-does-not-transform-a-lie-into-a-truth/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [The future lies with those wise political leaders who realize that the great public is interested more in Government than in politics. The growing…](https://sms4smile.com/quotes/franklin-d-roosevelt/the-future-lies-with-those-wise-political-leaders-who-realize-that/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) [Explore all 521 Franklin D. Roosevelt quotes ](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) ## More American society quotes > [The contempt for law and the contempt for the human consequences of lawbreaking go from the bottom to the top of American society.](https://sms4smile.com/quotes/margaret-mead/the-contempt-for-law-and-the-contempt-for-the-human-consequences-of/) [Margaret Mead](https://sms4smile.com/quotes/author/margaret-mead/) > [American society is now remarkably atomized. Political organizations have collapsed. In fact, it seems like even bowling leagues are collapsing. The left has a…](https://sms4smile.com/quotes/noam-chomsky/american-society-is-now-remarkably-atomized-political-organizations/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [I don't see much future for the Americans ... it's a decayed country. And they have their racial problem, and the problem of social…](https://sms4smile.com/quotes/adolf-hitler/i-don-t-see-much-future-for-the-americans-it-s-a-decayed-country-and/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [I have tried to defend what is most precious to our American society, a society that is now at war against the forces of…](https://sms4smile.com/quotes/demian-bichir/i-have-tried-to-defend-what-is-most-precious-to-our-american-society/) [Demian Bichir](https://sms4smile.com/quotes/author/demian-bichir/) > [Cumulatively, American society is sliding toward a new form of 'authoritarian democracy'. Elections continue, free speech is generally protected, institutions operate in accordance with…](https://sms4smile.com/quotes/richard-a-falk/cumulatively-american-society-is-sliding-toward-a-new-form-of/) [Richard A. Falk](https://sms4smile.com/quotes/author/richard-a-falk/) > [“As a culture, we had no heroes. Certainly not any politician--Barack Obama was then the most admired man in America (and likely still is),…](https://sms4smile.com/quotes/j-d-vance/as-a-culture-we-had-no-heroes-certainly-not-any-politician-barack/) [J.D. Vance](https://sms4smile.com/quotes/author/j-d-vance/) > [ “The Sexual plight of these children \[those adolescents experimenting sexually\] is officially not mentioned. The revolutionary attack on hypocrisy by Ibsen, Freud, Ellis, Dreiser,… ](https://sms4smile.com/quotes/paul-goodman/the-sexual-plight-of-these-children-those-adolescents-experimenting/) [Paul Goodman](https://sms4smile.com/quotes/author/paul-goodman/) > [Hip-hop is contributing to American society's misogyny and racism, hyper-sexuality anti-Black representations. Hip-Hop isn't setting the standard for misogyny. No one reduces the presidency…](https://sms4smile.com/quotes/bakari-kitwana/hip-hop-is-contributing-to-american-society-s-misogyny-and-racism/) [Bakari Kitwana](https://sms4smile.com/quotes/author/bakari-kitwana/) > [I believe it is essential to have English as the official language of our National Government, for the English language is the tie that…](https://sms4smile.com/quotes/jim-sensenbrenner/i-believe-it-is-essential-to-have-english-as-the-official-language-of/) [Jim Sensenbrenner](https://sms4smile.com/quotes/author/jim-sensenbrenner/) > [Black people cannot and will not become integrated into American society on any terms but those of self-determination and autonomy.](https://sms4smile.com/quotes/gerda-lerner/black-people-cannot-and-will-not-become-integrated-into-american/) [Gerda Lerner](https://sms4smile.com/quotes/author/gerda-lerner/) > [Black people in America have to, for their own protection, develop a defense mechanism, and I just grew terribly tired of it. 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