1900s, Address at Providence (1901)
Variant: 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.
Context: 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 wherever need of such control is shown… [Applause] The immediate necessity in dealing with trusts is to place them under the real, not the nominal, control of some sovereign to which, as its creatures, the trusts owe allegiance, and in whose courts the sovereign's orders may be enforced. In my opinion, this sovereign must be the National Government.
“In China, the state controls the corporations, whereas in the United States, the corporations control the state.”
"Dambisa Moyo's 6 Favorite Books," http://theweek.com/article/index/212693/dambisa-moyos-6-favorite-books The Week (March 4, 2011).
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Ian Bremmer 20
American political scientist 1969Related quotes
Conclusion, p. 401.
The Fur Trade in Canada (1930)
Source: The Greening of America (1970), Chapter V : Anatomy Of The Corporate State, p. 88
“The United States Navy controls all of the oceans of the world.”
Source: The Next 100 Years: A Forecast for the 21st Century (2009), p. 17
"The West Should Fear the Growth of State Capitalism," http://www.telegraph.co.uk/finance/economics/7883061/The-West-should-fear-the-growth-of-state-capitalism-Ian-Bremmer.html The Daily Telegraph (July 10, 2010).
Source: As quoted in [http://edition.cnn.com/2001/WORLD/asiapcf/east/03/15/china.us.01/index.html Bush yet to accept Beijing invitation in CNN news (15 March, 2001).
“Why the United States Is Destroying Its Education System” (2011)