Imperialism, The Highest Stage of Capitalism (1917)
“The work itself will cover a wide field including clearance of slums, which for adequate reasons cannot be undertaken by private capital; in rural housing of several kinds, where, again, private capital is unable to function; in rural electrification; in the reforestation of the great watersheds of the Nation; in an intensified program to prevent soil erosion and to reclaim blighted areas; in improving existing road systems and in constructing national highways designed to handle modern traffic; in the elimination of grade crossings; in the extension and enlargement of the successful work of the Civilian Conservation Corps; in non-Federal works, mostly self-liquidating and highly useful to local divisions of Government; and on many other projects which the Nation needs and cannot afford to neglect.”
1930s, State of the Union address (1935)
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Franklin D. Roosevelt 190
32nd President of the United States 1882–1945Related quotes
Source: 1910s, Proposed Roads To Freedom (1918), Ch. VI: International relations, p. 99
Source: Introduction to the Study of Public Administration, 1926, p. viii (in 1939 edition), as cited in: Moynihan (2009)
The Lenin Anthology, p. 268
Imperialism, The Highest Stage of Capitalism (1917)
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.
Dorothy Thompson’s Political Guide: A Study of American Liberalism and its Relationship to Modern Totalitarian States (1938)
Source: A Study of American Liberalism and its Relationship to Modern Totalitarian States (1938)
p. 26
The Economy of New Democracy
On New Democracy (1940)
“Private Capitalism makes a steam engine; State Capitalism makes pyramids.”
As quoted in “Frank Chodorov: Champion of Liberty,” Aaron Steelman, FEE, (Foundation for Economic Education), (December 1, 1996) https://fee.org/articles/frank-chodorov-champion-of-liberty/