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Concentrated Quote by Milton Friedman

“Concentrated power is not rendered harmless by the good intentions of those who create it.” quote by Milton Friedman
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“Concentrated power is not rendered harmless by the good intentions of those who create it.”

Milton Friedman

About This Quote

Source Book: Capitalism and Freedom, 1962

Power structures remain dangerous despite benevolent creators; intent alone cannot neutralize concentration.

In simple terms: Good intentions don’t neutralize power.

Key Takeaway

Beware unchecked authority.

Themes

politics ethics power responsibility

Mood

cautious critical

Type

analytical philosophical

When to use this quote

  • government policy
  • corporate governance
  • technology regulation
  • activism

Key Concepts

political economy moral hazard

Questions to Reflect On

  • How can societies limit power without stifling innovation?
  • What safeguards are effective against well‑meaning misuse?
A Different Perspective

Power can be misused even with good intentions.

4.6 out of 5 (3 ratings)

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