Advantage Quote by Theodore Roosevelt
“We wish to control big business so as to secure among other things good wages for the wage-workers and reasonable prices for the consumers. Wherever in any business the prosperity of the business man is obtained by lowering the wages of his workmen and charging an excessive price to the consumers we wish to interfere and stop such practices. We will not submit to that kind of prosperity any more than we will submit to prosperity obtained by swindling investors or getting unfair advantages over business rivals.”
About This Quote
Source Speech: Presidential Campaign Address, Theodore Roosevelt, 1908
Advocates regulating large corporations to protect workers’ wages and consumer prices, and to prevent exploitation for profit.
In simple terms: Control big business to ensure fair wages and prices.
Regulate to protect workers and consumers.
Themes
Mood
Type
When to use this quote
- legislative policy
- union negotiations
- consumer advocacy
- corporate governance
Key Concepts
Questions to Reflect On
- How can regulation balance fairness and economic growth?
- What mechanisms ensure effective enforcement?
Regulation may stifle innovation or be politically contested.