"The great corporations which we have grown..." - Quote by Theodore Roosevelt
The great corporations which we have grown to speak of rather loosely as trusts are the creatures of the State, and the State not only has the right to control them, but it is duty bound to control them wherever the need of such control is shown.
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More by Theodore Roosevelt “If I have erred, I err in company with Abraham Lincoln.” “There should be relentless exposure of and attack upon every evil practice, whether in politics, in business, or in social life. I hail as a benefactor every writer or speaker, every man who, on the platform, or in book, magazine or newspaper, with merciless severity makes such attack, provided always that he in his turn remembers that the attack is of use only if it is absolutely truthful.” “Councils of War never fight.” More on Government “Extreme taxation, excessive controls, oppressive government competition with business, frustrated minorities and forgotten Americans are not the products of free enterprise. They are the residue of centralized bureaucracy, of government by a self-anointed elite.” “The federal [bank deposit] insurance scheme has worked up to now simply and solely because there have been very few bank failures. The next time we have a pestilence of them it will come to grief quickly enough, and if the good banks escape ruin with the bad ones it will be only because the taxpayer foots the bill.” “In a free and republican government, you cannot restrain the voice of the multitude. Every man will speak as he thinks, or, more properly, without thinking, and consequently will judge of effects without attending to their causes.” More on Corporations “All the big corporations depreciate their possessions, and you can, too, provided you use them for business purposes. For example, if you subscribe to the Wall Street Journal, a business-related newspaper, you can deduct the cost of your house, because, in the words of U.S. Supreme Court Chief Justice Warren Burger in a landmark 1979 tax decision: Where else are you going to read the paper? Outside? What if it rains?” “To permit every lawless capitalist, every law-defying corporation, to take any action, no matter how iniquitous, in the effort to secure an improper profit and to build up privilege, would be ruinous to the Republic and would mark the abandonment of the effort to secure in the industrial world the spirit of democratic fair dealing.” “If you have ever seen the movie Night of the Living Dead, you have a rough idea how modern corporations and organizations operate, with projects and proposals that everybody thought were killed constantly rising from their graves to stagger back into meetings and eat the brains of the living.”
