American industry is not free, as it once was free; American enterprise is not free; the man with only a little capital is finding it harder to get into the field; more and more impossible to compete with the big fellow. Why? Because the laws of this country do not prevent the strong from crushing the weak.
Woodrow Wilson wrote that, in 1913.
Still true today. Indeed, in politics it may be worse. In 1913, Progressives were winning their fight against entrenched political power, and the influence of wealth in politics was being limited. Today the power of wealth is, to use a favorite word from the Romney campaign, unchained.
When I was younger, I read about the battles of the past, but I never thought that we would have to fight them again, a hundred years on.
No comments:
Post a Comment