
“Big oil, big steel, big agriculture avoid the open marketplace.”
"The State of the Union" (1978)
1970s, Homage to Daniel Shays : Collected Essays (1972), Matters of Fact and Fiction : Essays 1973 - 1976 (1978)
Context: Big oil, big steel, big agriculture avoid the open marketplace. Big corporations fix prices among themselves and thus drive out of business the small entrepreneur. Also, in their conglomerate form, the huge corporations have begun to challenge the very legitimacy of the state.