“The size of General Motors is in the service not of monopoly or the economies of scale but of planning.”

— John Kenneth Galbraith , book The New Industrial State

Source: The New Industrial State (1967), Chapter VII, Section 2, p. 76

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John Kenneth Galbraith 207

American economist and diplomat 1908–2006

Alfred D. Chandler, Jr. (1918–2007) American historian

Source: The Visible Hand (1977), p. 281; Cited in: Best (1990, p. 48).

“This transformation of competition into monopoly is one of the most important—if not the most important—phenomena of modern capitalist economy”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

Source: Imperialism, the Highest Stage of Capitalism: Full Text of 1916 Edition

“Whether communism is partial or complete, political economy is no more tolerant of it than it is of monopoly, of which it is merely an extension.”

Gustave de Molinari (1819–1912) Belgian political economist and classical liberal theorist

Source: The Production of Security (1849), p. 32

“At 2 per cent growth a year, an economy doubles in size in just thirty years.”

Paul Ormerod book The Death of Economics

Part I, Chapter 2, Measuring Prosperity, p. 23
The Death of Economics (1994)

“If you ever plan to motor west,
Travel my way, take the highway that is best.
Get your kicks on route sixty-six.”

Bobby Troup (1918–1999) American actor and musician

Route 66, first sung by Nat King Cole, 1946
Song lyrics

“Let me deal here with what General Motors includes and with the responsibility that rests on its management.”

Alfred P. Sloan (1875–1966) American businessman

Alfred P. Sloan in The Turning Wheel, 1934

“For years I thought that what was good for our country was good for General Motors, and vice versa.”

Charles Erwin Wilson (1890–1961) American secretary of Defence

The difference did not exist. Our company is too big. It goes with the welfare of the country. Our contribution to the nation is considerable.
Charles E. Wilson (1952) in: Confirmation hearings before the Senate Armed Services Committee, responding to Sen. Robert Hendrickson's question regarding conflicts of interest. Quoted in Safire's Political Dictionary (1978) by William Safire.