“Confessions of a monopolist”

“These are the rules of big business. They have superseded the teachings of our parents and are reducible to a simple maxim: Get a monopoly; let Society work for you; and remember that the best of all business is politics, for a legislative grant, franchise, subsidy or tax exemption is worth more than a Kimberly or Comstock lode, since it does not require any labor, either mental or physical, for its exploitation.”

 


Frederick C. Howe, (1867–1940)  former member of the Ohio Senate, Commissioner of Immigration of the Port of New York, and published author. He was also president of the League for Small and Subject Nationalities.


Source: his 1906 book, “Confessions of a Monopolist

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