 | Henry Demarest Lloyd (May 1, 1847 - September 28, 1903) on Poverty and Unemployment(published by RevoltSource) |
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| Henry Demarest Lloyd (May 1, 1847 - September 28, 1903) on Poverty and Unemployment(published by RevoltSource) |
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19th-century American Progressive Political Activist, Pioneer Muckraking Journalist, and Author of Expos?s of the Standard Oil Company
: A 19th-century American progressive political activist and pioneer muckraking journalist. He is best remembered for his expos?s of the Standard Oil Company, which were written before Ida M. Tarbell's series for McClure's Magazine. (From: Wikipedia.org.)
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Quote #1 on Economic Struggle Quotes >> Poverty and Unemployment
“In a society which has the wherewithal to cover, fatten, and cheer every one, Lords of Industry are acquiring the power to pool the profits of scarcity and to decree famine. They cannot stop the brook that runs the mill, but they can chain the wheel; they cannot hide the coal mine, but they can close the shaft three days every week. To keep up gold-digging rates of dividends, they declare war against plenty.”
Source: "The Lords of Industry," by Henry Demarest Lloyd, 1910, chapter 7. Chapter 4.
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