Access Quote by Hilaire Belloc
“The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.”
About This Quote
Source Book: The Servile State, 1912
Large firms obtain easy credit, harming smaller competitors by outcompeting them.
In simple terms: Big companies get cheap loans, hurting small ones.
Support fair credit access for small businesses.
Themes
Mood
Type
When to use this quote
- small business financing
- policy reform
- economic competition
Key Concepts
Questions to Reflect On
- How can policy protect small firms?
- What alternatives exist for small capital?
Credit ease can also stimulate overall growth.