A 1925 Quote on U.S. Economy

by Travis Prinzi on September 19, 2008

Edward R. Pease, member of the Fabian Society, writing in 1925:

“The United States in the [eighteen-]seventies was not yet dominated by trusts and controlled by millionaires.  Indeed even now that domination and control, dangerous and disastrous as it often is, could not withstand for a moment any widespread uprising of the popular will.”  (History of the Fabian Society, p. 20-21).

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