In an effort to eliminate the possibility of any rival growing up, some monopolists would sacrifice democracy itself.

Henry A. Wallace
About This Quote

In an effort to eliminate the possibility of any rival growing up, some monopolists would sacrifice democracy itself. Monopoly is a monopoly. And, if you have a monopoly on something, you can charge whatever you want. So, what are the chances that you are going to get someone else to pay more than you’re offering? It is so rare for someone to be able to charge what they want and still make a profit. That’s why monopolies are so rare and so hard to break.

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More Quotes By Henry A. Wallace
  1. It may be shocking to some people in this country to realize that, without meaning to do so, they hold views in common with Hitler when they preach discrimination against other religious, racial or economic groups.

  2. Still another danger is represented by those who, paying lip service to democracy and the common welfare, in their insatiable greed for money and the power which money gives, do not hesitate surreptitiously to evade the laws designed to safeguard the public from monopolistic extortion....

  3. If we define an American fascist as one who in case of conflict puts money and power ahead of human beings, then there are undoubtedly several million fascists in the United States.

  4. A fascist is one whose lust for money or power is combined with such an intensity of intolerance toward those of other races, parties, classes, religions, cultures, regions or nations as to make him ruthless in his use of deceit or violence to attain his...

  5. The obvious types of American fascists are dealt with on the air and in the press. These demagogues and stooges are fronts for others. Dangerous as these people may be, they are not so significant as thousands of other people who have never been mentioned....

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