Business Quote by Hillary Clinton
“With less competition, corporations can use their power to raise prices, limit choice for consumers, cut wages for workers, crowd out start-ups and small businesses.”
About This Quote
Source Speech: Economic policy remarks, 2019
Corporate dominance can lead to higher prices, fewer choices, lower wages, and stifling of small businesses.
In simple terms: Powerful firms can hurt consumers and workers.
Key Takeaway
Support competition and antitrust measures.
Themes
economics
competition
consumer rights
labor
small business
Mood
concerned
proactive
Type
policy
economic
When to use this quote
- Pricing strategy
- consumer advocacy
- labor negotiations
- startup support
Key Concepts
Monopolistic behavior
market concentration
Questions to Reflect On
- What policies can curb corporate excess?
- How can consumers influence market competition?
A Different Perspective
May ignore benefits of economies of scale.
![“I am somewhat influenced by the years that I've spent trying to actually get things done, whether it was reforming education in Arkansas or a survey and Legal Services Corporation board when President [Jimmy ]Carter appointed me and trying to get lawyers for poor people. I have worked in these…” quote by Hillary Clinton](https://sms4smile.com/quotes/img-quotes/6c7/hillary-clinton-51_action_i-am-somewhat-influenced-by-the-years-th_9078.jpg)
![“[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)