Vol. II, Ch. XVII, p. 325.
(Buch II) (1893)
“Money is the great weapon in a free, equal and competitive society, which skill and capital employ in the war of the wits, to exploitate and oppress the poor, the improvident, and the weak-minded. Its evil effects are greatly aggravated by the credit and banking systems.”
Source: Cannibals All!, or Slaves Without Masters (1857), p. 303
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George Fitzhugh 52
American activist 1806–1881Related quotes
Vol. I, Ch. 25, Section 2, pg. 687.
(Buch I) (1867)
(1847)
“Capitalism without competition isn’t capitalism; it’s exploitation.”
2021, July 2021, Remarks by President Biden At Signing of An Executive Order Promoting Competition in the American Economy
Source: Something More, A Consideration of the Vast, Undeveloped Resources of Life (1920), p. 72
Has Capitalism Failed? http://www.house.gov/paul/congrec/congrec2002/cr070902.htm (July 9, 2002).
2000s, 2001-2005
Section VIII: “Monopoly, Or Opportunity?”, p. 185 http://books.google.com/books?id=MW8SAAAAIAAJ&pg=PA185&dq=%22A+great+industrial+nation%22. Note that this remark has been used as the basis for a fake quotation discussed below.
1910s, The New Freedom (1913)
Context: A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom. This is the greatest question of all, and to this statesmen must address themselves with an earnest determination to serve the long future and the true liberties of men.
Testimony to the Pujo Committee (1912)
Source: Cannibals All!, or Slaves Without Masters (1857), p. ix