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Believe Quote by Harry S. Truman

“Of course I believe in free enterprise but in my system of free enterprise, the democratic principle is that there never was, never has been, never will be, room for the ruthless exploitation of the many for the benefit of the few.” quote by Harry S. Truman
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“Of course I believe in free enterprise but in my system of free enterprise, the democratic principle is that there never was, never has been, never will be, room for the ruthless exploitation of the many for the benefit of the few.”

Harry S. Truman

About This Quote

Source Speech: Truman Doctrine, 1947

Free enterprise should protect the many, not enable the few to exploit them.

In simple terms: Free enterprise must be fair.

Key Takeaway

Guard against exploitation.

Themes

economics ethics democracy

Mood

cautious hopeful

Type

political ethical

When to use this quote

  • policy making
  • business ethics
  • public discourse

Key Concepts

political theory social justice capitalism

Questions to Reflect On

  • How can we ensure fairness in capitalism?
  • What safeguards prevent exploitation?
A Different Perspective

Market forces can unintentionally favor the powerful.

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