"Things have changed in such a way since that time, that the ownership of property in large holdings now controls the nation's industry, and therefore it controls the conditions of life for those who are or wish to be engaged in industry; at the same time that the same ownership of large wealth controls the markets and thereby controls the conditions of life for those who have to resort to the markets to sell or to buy. In other words, it has come to pass with the change of circumstances that the rule of Live and Let Live now waits on the discretion of the owners of large wealth. In fact, those thoughtful men in the eighteenth century who made so much of these constituent principles of the modern point of view did not contemplate anything like the system of large wealth, large-scale industry, and large-scale commerce and credit which prevails today. They did not foresee the new order in industry and business, and the system of rights and obligations which they installed, therefore, made no provision for the new order of things that has come on since their time."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
p. 58
https://en.wikiquote.org/wiki/The_Vested_Interests_and_the_Common_Man
Revision History
No revisions have been submitted for this quote.
Categories
Unknown
35329 quotes on TrueQuotesView all quotes by Unknown →
Related Quotes
"“Kahit matabang-mataba ka pa ay okay lang, basta siguraduhin mo na ang pinangkakain mo ay hindi galing sa pinaghirapa…"
""Education is very important"."
"" Kung hindi kaya ng mga magulang mo itaguyad ang pag-aaral mo, kung walang pera ang pamilya mo, pwede mong gamitin a…"
""Women are not immortal. We age. We wrinkle. We die."Daily Monitor, Friday, July 04, 2025"
"Women are present in the workplace in significant numbers, yet presence alone does not always translate into equal op…"
"Budgets are not simply ledgers of income and expenditure."
"Leaders must create an environment where merit is recognised, trust is built, and every employee feels valued."
"These attacks follow a familiar playbook-discredit the messenger to dismiss the message" - Gabriella calls out 'attac…"
""Aktibista ang GABRIELA at kami ay galit sa mga bastos at manyak na trapo!" - Clarise Palce GABRIELA Secretary-Genera…"
"That's the thing about a great book...you're different."