We accept and welcome... as conditions to which we must accommodate ourselves, great inequality of environment; the concentration of business, industrial and commercial, in the hands of a few; and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.

Summary

This quote argues that it is necessary for us to accept and adapt to various inequalities in our surroundings, such as differences in our environment and the concentration of power in certain economic domains. It suggests that competition between these powerful entities is not only advantageous but also crucial for the advancement of humanity. In essence, the quote advocates for acknowledging and embracing these disparities and viewing competition as a key driving force for societal progress.

Topics