Woodrow Wilson quote about economy from The New Freedom - The truth is, we are all caught in a great economic system which is heartless.
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The truth is, we are all caught in a great economic system which is heartless.
 Woodrow Wilson, The New Freedom (1913). copy citation

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Author Woodrow Wilson
Source The New Freedom
Topic economy system heartless
Date 1913
Language English
Reference
Note
Weblink http://www.gutenberg.org/files/14811/14811-h/14811-h.htm

Context

“I want to record my protest against any discussion of this matter which would seem to indicate that there are bodies of our fellow-citizens who are trying to grind us down and do us injustice. There are some men of that sort. I don't know how they sleep o' nights, but there are men of that kind. Thank God, they are not numerous. The truth is, we are all caught in a great economic system which is heartless. The modern corporation is not engaged in business as an individual. When we deal with it, we deal with an impersonal element, an immaterial piece of society. A modern corporation is a means of co-operation in the conduct of an enterprise which is so big that no one man can conduct it, and which the resources of no one man are sufficient to finance.” source

Meaning and analysis

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