Business Quote by Henry A. Wallace
“Monopolists who fear competition and who distrust democracy because it stands for equal opportunity would like to secure their position against small and energetic enterprise.”
About This Quote
Monopolists fear competition and distrust democracy because it threatens their power, so they try to suppress small, energetic enterprises.
In simple terms: Monopolists oppose competition and democracy to protect their dominance.
Key Takeaway
Support small businesses against monopolies.
Themes
economics
politics
power
competition
democracy
Mood
critical
analytical
Type
political
economic
When to use this quote
- policy making
- regulation
- startup ecosystems
- consumer advocacy
- political campaigns
Key Concepts
market dynamics
authoritarianism
entrepreneurship
Questions to Reflect On
- How can societies balance power?
- What safeguards protect small enterprises?
A Different Perspective
Monopolists may claim stability over competition.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“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)