Quote by Henry A. Wallace

Monopolists who fear competition and who distrust democracy because it stands for equal opportunity would like to secure their position against small and energetic enterprise.

Monopolists who fear competition and who distrust democracy

Summary

This quote suggests that monopolists are wary of competition and view democracy negatively because it promotes equal opportunities for all. Monopolists aim to protect their dominance and prevent small and ambitious businesses from challenging their position. They seek to maintain control and limit the entry of new players into the market, as it could potentially threaten their monopoly.

Topics

Fear

By Henry A. Wallace

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