“In the periods of crisis, the bigger firms absorb the smaller ones, and when the industrial monsters eventually go down, the wreckage is far greater than when the little enterprises buckle.”

— Robert L. Heilbroner, book The Worldly Philosophers

Source: The Worldly Philosophers (1953), Chapter VI, Karl Marx, p. 152

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Robert L. Heilbroner39

American historian and economist 1919–2005

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“In the periods of crisis, the bigger firms absorb the smaller ones, and when the industrial monsters eventually go down, the wreckage is far greater than when the little enterprises buckle.”

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Robert L. Heilbroner39

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