Quote by Herbert Hoover
The American people from bitter experience have a rightful fear that great business units might be used to dominate our industrial life and by illegal and unethical practices destroy equality of opportunity...
Summary
This quote emphasizes the American people's justified apprehension regarding the potential dominance of large corporations in the country's industrial sector. It highlights their fear of these business entities misusing their power to undermine fair competition and equality of opportunity. Americans have learned from past negative experiences that unethical and illegal practices by such corporations can pose a threat to a level playing field, diminishing the chances for equal opportunity and potentially leading to an imbalanced industrial landscape.
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