 | Henry Demarest Lloyd (May 1, 1847 - September 28, 1903) on Socialism and Democracy(published by RevoltSource) |
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| Henry Demarest Lloyd (May 1, 1847 - September 28, 1903) on Socialism and Democracy(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 #9 on Economic Struggle Quotes >> Socialism and Democracy
“...monopoly, the tendency to combination; anti-monopoly, the demand for social control of it. As the man is bent towards business or patriotism, he will negotiate combinations or agitate for laws to regulate them. The first is capitalistic, the second is social. The first, industrial; the second, moral. The first promotes wealth; the second, citizenship.”
Source: "The Lords of Industry," by Henry Demarest Lloyd, 1910, chapter 7. Chapter 4.
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