“We are captive to systems of power until we can name the dominant myths and the intricate systems of coercion and control that extinguish our freedom.”

— Chris Hedges

Speech at the American Political Science Association, September 3, 2016 http://www.truthdig.com/report/item/the_intellectuals_we_abandon_20160904

Adopted from Wikiquote. Last update June 3, 2021. History

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Chris Hedges 81

American journalist 1956

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“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world: no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

Woodrow Wilson (1856–1924) American politician, 28th president of the United States (in office from 1913 to 1921)

Attributed in Shadow Kings (2005) by Mark Hill, p. 91; This and similar remarks are presented on the internet and elsewhere as an expression of regret for creating the Federal Reserve. The quotation appears to be fabricated from out-of-context remarks Wilson made on separate occasions:

I have ruined my country.

Attributed by Curtis Dall in FDR: My Exploited Father-in-Law, regarding Wilson's break with Edward M. House: "Wilson … evidenced similar remorse as he approached his end. Finally he said, 'I am a most unhappy man. Unwittingly I have ruined my country.'"

A great industrial nation is controlled by its system of credit.…

"Monopoly, Or Opportunity?" (1912), criticizing the credit situation before the Federal Reserve was created, in The New Freedom (1913), p. 185

We have come to be one of the worst ruled… Governments….

"Benevolence, Or Justice?" (1912), also in The New Freedom (1913), p. 201

The quotation has been analyzed in Andrew Leonard (2007-12-21), " The Unhappiness of Woodrow Wilson https://www.salon.com/2007/12/21/woodrow_wilson_federal_reserve/" Salon:

I can tell you categorically that this is not a statement of regret for having created the Federal Reserve. Wilson never had any regrets for having done that. It was an accomplishment in which he took great pride.

John M. Cooper, professor of history and author of several books on Wilson, as quoted by Andrew Leonard
Misattributed

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“We are captive to systems of power until we can name the dominant myths and the intricate systems of coercion and control that extinguish our freedom.”

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Chris Hedges 81

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