Quote by Theodore Roosevelt
There is something to be said for government by a great aristocracy which has furnished leaders to the nation in peace and war for generations; even a democrat like myself must admit this. But there is absolutely nothing to be said for government by a plutocracy, for government by men very powerful in certain lines and gifted with the money touch, but with ideals which in their essence are merely those of so many glorified pawnbrokers.
Summary
In this quote, the speaker acknowledges the merits of a government led by a longstanding aristocracy, recognizing their experience and ability to provide capable leaders. However, they make a clear distinction by stating that there is no value in a government run by a wealthy elite (plutocracy) who possess power and financial acumen but lack noble ideals. The speaker criticizes the inclination of such individuals to prioritize profit over principles, likening them to pawnbrokers who prioritize monetary gain over the welfare and aspirations of the nation.
Topics
Government
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