“No,” interrupted the doctor. “There is no peace and no rest in the development of material interests. They have their law, and their justice. But it is founded on expediency, and is inhuman; it is without rectitude, without the continuity and the force that can be found only in moral principle.”
Joseph Conrad (1857-1924) Polish-English novelist [b. Teodor Josef Konrad Korzeniowski]
Nostromo, Part 3 “The Lighthouse,” ch. 10 (1904)
(Source)
Quotations about:
big business
Note not all quotations have been tagged, so Search may find additional quotes on this topic.
INCORPORATION, n. The act of uniting several persons into one fiction called a corporation, in order that they may be no longer responsible for its actions. A, B and C are a corporation. A robs, B steals and C (it is necessary that there be one gentleman in the concern) cheats. It is a plundering, thieving, swindling corporation. But A, B and C, who have jointly determined and severally executed every crime of the corporation, are blameless. It is wrong to mention them by name when censuring their acts as a corporation, but right when praising.
Ambrose Bierce (1842-1914?) American writer and journalist
“Incorporation,” “Devil’s Dictionary” column, San Francisco Wasp (1885-10-03)
(Source)
Not collected in later books.
We Americans are not usually thought to be a submissive people, but of course we are. Why else would we allow our country to be destroyed? Why else would we be rewarding its destroyers? Why else would we all — by proxies we have given to greedy corporations and corrupt politicians — be participating in its destruction? Most of us are still too sane to piss in our own cistern, but we allow others to do so and we reward them for it. We reward them so well, in fact, that those who piss in our cistern are wealthier than the rest of us.
Wendell Berry (b. 1934) American farmer, educator, poet, conservationist
Essay (1970-01-01), “Compromise, Hell!” Orion Magazine
(Source)
Many of us have beliefs that aren’t really genuine; we just think they’re genuine. We think individualism is genuine. We think laissez faire is genuine. We don’t really want it. Big business bemoans government interference. It would be horrified if the government, for example, did away with patent laws.
Henry Steele Commager (1902-1998) American historian, writer, activist
Interview (1970-02) by John A. Garraty, “American Nationalism,” Interpreting American History: Conversations with Historians, Part 1, ch. 4 (1970)
(Source)
No people, least of all a democratic people, will be content to go without work or to accept some standard of living which obviously and woefully falls short of their capacity to produce. No people, least of all a people with our traditions of personal liberty, will endure the slow erosion of opportunity for the common man, the oppressive sense of helplessness under the domination of a few, which are overshadowing our whole economic life.
Franklin Delano Roosevelt (1882–1945) American lawyer, politician, statesman, US President (1933–1945)
Message (1938-04-29) to Congress, On Curbing Monopolies
(Source)
[…] [P]redatory wealth — of the wealth accumulated on a giant scale by all forms of iniquity, ranging from the oppression of wageworkers to unfair and unwholesome methods of crushing out competition, and to defrauding the public by stock jobbing and the manipulation of securities.
Certain wealthy men of this stamp, whose conduct should be abhorrent to every man of ordinarily decent conscience, and who commit the hideous wrong of teaching our young men that phenomenal business success must ordinarily be based on dishonesty, have during the last few months made it apparent that they have banded together to work for a reaction. Their endeavor is to overthrow and discredit all who honestly administer the law, to prevent any additional legislation which would check and restrain them, and to secure if possible a freedom from all restraint which will permit every unscrupulous wrongdoer to do what he wishes unchecked provided he has enough money.Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Message (1908-01-31) to Congress, on Workers Compensation
(Source)
The true friend of property, the true conservative, is he who insists that property shall be the servant and not the master of the commonwealth; who insists that the creature of man’s making shall be the servant and not the master of the man who made it. The citizens of the United States must effectively control the mighty commercial forces which they have called into being. There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but it can be done.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech (1910-08-31), “The New Nationalism,” John Brown Memorial Park dedication, Osawatomie, Kansas
(Source)
Among us today a concentration of private power without equal in history is growing. This concentration is seriously impairing the economic effectiveness of private enterprise as a way of providing employment for labor and capital and as a way of assuring a more equitable distribution of income and earnings among the people of the nation as a whole.
Franklin Delano Roosevelt (1882–1945) American lawyer, politician, statesman, US President (1933–1945)
Message (1938-04-29) to Congress, On Curbing Monopolies
(Source)
You owe the companies nothing. You especially don’t owe them any courtesy. They have re-arranged the world to put themselves in front of you. They never asked for your permission, don’t even start asking for theirs.
Banksy (b. 1974?) England-based pseudonymous street artist, political activist, film director
Wall and Piece, “Art,” “Brandalism” (2005)
(Source)
See where Congress passed a two billion dollar bill to relieve bankers’ mistakes and loan to new industries. You can always count on us helping those who have lost part of their fortune, but our whole history records nary a case where the loan was for the man who had absolutely nothing.
Our theory is to help those along who can get along even if they don’t get it.
If a bank fails in China, they behead the man at the top of it that was responsible. If one fails over here, we write the men up in the magazines as how: They started poor, worked hard, took advantage of their opportunities (and Depositors) and today they are rated as “up in the millions.” If we beheaded all of ours that were responsible for bank failures, we wouldn’t have enough people left to bury the heads.
Big Business and Politics are twins, they are the monsters who kill everything, corrupt everything.
Many people believe that possession of unchallenged economic power deadens initiative, discourages thrift and depresses energy; that immunity from competition is a narcotic, and rivalry is a stimulant, to industrial progress; that the spur of constant stress is necessary to counteract an inevitable disposition to let well enough alone. Such people believe that competitors, versed in the craft as no consumer can be, will be quick to detect opportunities for saving and new shifts in production, and be eager to profit by them. […] True, it might have been thought adequate to condemn only those monopolies which could not show that they had exercised the highest possible ingenuity, had adopted every possible economy, had anticipated every conceivable improvement, stimulated every possible demand. No doubt, that would be one way of dealing with the matter, although it would imply constant scrutiny and constant supervision, such as courts are unable to provide. Be that as it may, that was not the way that Congress chose; it did not condone “good trusts” and condemn “bad” ones; it forbad all.
Learned Hand (1872-1961) American jurist
United States v. Aluminum Co. of America, 148 F.2d 416, 427 (1945)
(Source)
These executives, who have risen to the top, have come to be responsible trustees, impartial umpires, and expert brokers for a plurality of economic interests, including those of all the millions of small property holders who hold stock in the great American enterprises, but also the wage workers and the consumers who benefit from the great flow of goods and services. These executives, it is held, are responsible for the refrigerator in the kitchen and the automobile in the garage — as well as all the planes and bombs that now guard Americans from instant peril. […] Full of the know-how that made America great; efficient, straightforward, honest, the chief executives, it is often said, ought really to be allowed to run the government, for if only such men were in charge there would be no waste, no corruption, no infiltration.
C. Wright Mills (1916-1962) American sociologist, academic, author [Charles Wright Mills]
The Power Elite, ch. 6 (1956)
(Source)
In England it is not ungentlemanly to steal halfpennies from children, and industrial interests, it may be assumed, will oppose any reform which interferes with the supply of cheap juvenile labour.
In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
Dwight David Eisenhower (1890-1969) American general, US President (1953-61)
“Farewell Address” (17 Jan 1961)
(Source)
I hold it to be our duty to see that the wage worker, the small producer, the ordinary consumer, shall get their fair share of the benefit of business prosperity. But it either is or ought to be evident to everyone that business has to prosper before anybody can get any benefit from it.
I believe in individualism. I believe in it in the arts, the sciences and professions. I believe in it in business. I believe in individualism in all of these things — up to the point where the individualist starts to operate at the expense of society.
It is a basic economic proposition that as long as a relatively few men own the railroads, the telegraph, the telephone, own the oil fields and the gas fields and the steel mills and the sugar refineries and the leather tanneries — own, in short, the sources and means of life — they will corrupt our politics, they will enslave the working class, they will impoverish and debase society, they will do all things that are needful to perpetuate their power as the economic masters and the political rulers of the people.
Eugene V. Debs (1855-1926) American union leader, activist, socialist, politician
“The Issue,” Speech, Girard, Kansas (23 May 1908)
(Source)
There once was a time in history when the limitation of governmental power meant increasing liberty for the people. In the present day the limitation of governmental power, of governmental action, means the enslavement of the people by the great corporations who can only be held in check through the extension of governmental power.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech (1912-09-14), San Francisco
(Source)
The prevalence of the corporation in America has led men of this generation to act, at times, as if the privilege of doing business in corporate form were inherent in the citizen; and has led them to accept the evils attendant upon the free and unrestricted use of the corporate mechanism as if these evils were the inescapable price of civilized life, and, hence to be borne with resignation.
The only way in which our people can increase their power over the big corporation that does wrong, the only way in which they can protect the working man in his conditions of work and life, the only way in which the people can prevent children working in industry or secure women an eight-hour day in industry, or secure compensation for men killed or crippled in industry, is by extending, instead of limiting, the powers of government.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech, San Francisco (14 Sep 1912)
(Source)
So long as governmental power existed exclusively for the king and not at all for the people, then the history of liberty was a history of the limitation of governmental power. But now the governmental power rests in the people, and the kings who enjoy privilege are the kings of the financial and industrial world; and what they clamor for is the limitation of governmental power, and what the people sorely need is the extension of governmental power.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech (1912-09-14), San Francisco
(Source)
There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but it can be done. We must have complete and effective publicity of corporate affairs, so that people may know beyond peradventure whether the corporations obey the law and whether their management entitles them to the confidence of the public. It is necessary that laws should be passed to prohibit the use of corporate funds directly or indirectly for political purposes; it is still more necessary that such laws should be thoroughly enforced. Corporate expenditures for political purposes, and especially such expenditures by public-service corporations, have supplied one of the principal sources of corruption in our political affairs.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech (1910-08-31), “The New Nationalism,” John Brown Memorial Park dedication, Osawatomie, Kansas
(Source)
Also, friends, in the interest of the working man himself we need to set our faces like flint against mob-violence just as against corporate greed; against violence and injustice and lawlessness by wage-workers just as much as against lawless cunning and greed and selfish arrogance of employers. If I could ask but one thing of my fellow countrymen, my request would be that, whenever they go in for reform, they remember the two sides, and that they always exact justice from one side as much as from the other. I have small use for the public servant who can always see and denounce the corruption of the capitalist, but who cannot persuade himself, especially before elections, to say a word about lawless mob-violence. And I have equally small use for the man, be he a judge on the bench, or editor of a great paper, or wealthy and influential private citizen, who can see clearly enough and denounce the lawlessness of mob-violence, but whose eyes are closed so that he is blind when the question is one of corruption in business on a gigantic scale.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech (1910-08-31), “The New Nationalism,” John Brown Memorial Park dedication, Osawatomie, Kansas
(Source)
I believe that the officers, and, especially, the directors, of corporations should be held personally responsible when any corporation breaks the law.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech (1910-08-31), “The New Nationalism,” John Brown Memorial Park dedication, Osawatomie, Kansas
(Source)
Now, this means that our government, national and State, must be freed from the sinister influence or control of special interests. Exactly as the special interests of cotton and slavery threatened our political integrity before the Civil War, so now the great special business interests too often control and corrupt the men and methods of government for their own profit. We must drive the special interests out of politics.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech (1910-08-31), “The New Nationalism,” John Brown Memorial Park dedication, Osawatomie, Kansas
(Source)
For every special interest is entitled to justice, but not one is entitled to a vote in Congress, to a voice on the bench, or to representation in any public office. The Constitution guarantees protections to property, and we must make that promise good. But it does not give the right of suffrage to any corporation.
Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)
Speech (1910-08-31), “The New Nationalism,” John Brown Memorial Park dedication, Osawatomie, Kansas
(Source)
That this economic system persists and grows larger and stronger in spite of its evident failure has nothing to do with rationality or, for that matter, with evidence. It persists because, embodied now in multinational corporations, it has discovered a terrifying truth: If you can control a people’s economy, you don’t need to worry about its politics; its politics have become irrelevant. If you control people’s choices as to whether or not they will work, and where they will work, and what they will do, and how well they will do it, and what they will eat and wear, and the genetic makeup of their crops and animals, and what they will do for amusement, then why should you worry about freedom of speech? In a totalitarian economy, any “political liberties” that the people might retain would simply cease to matter. If, as is often the case already, nobody can be elected who is not wealthy, and if nobody can be wealthy without dependence on the corporate economy, then what is your vote worth? The citizen thus becomes an economic subject.
Wendell Berry (b. 1934) American farmer, educator, poet, conservationist
Speech (1994-09-29), “Conserving Forest Communities,” Kentucky Forest Summit, Louisville
(Source)
Collected in Another Turn of the Crank (1995).
Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures. But there is another harm; and it is evident that we should try to do away with that. The great corporations which we have grown to speak of rather loosely as trusts are the creatures of the State, and the State not only has the right to control them, but it is duty bound to control them wherever the need of such control is shown.
All of you, I am sure, have heard many cries about Government interference with business and about “creeping socialism.” I should like to remind the gentlemen who make these complaints that if events had been allowed to continue as they were going prior to March 4, 1933, most of them would have no businesses left for the Government or for anyone else to interfere with — and almost surely we would have socialism in this country, real socialism, not the kind they define.



















