Despite the large number

Despite the large number of mergers, and the growth in the absolute size of many corporations, the dominant tendency in the American economy at the beginning of [the 20th] century was toward growing competition. Competition was unacceptable…it was not the existence of monopoly that caused the federal government to intervene in the economy, but the … Read more

It’s an incredible feeling,

It’s an incredible feeling, 110,000 people energy at that level. What I realized from watching the first day of competition was that athletes that got excited and happy and got the fans into it and clapping, they did better. The athletes that took it too seriously, they didn’t do as well as they’d hoped. Gabe … Read more

The ‘survival of the

The ‘survival of the fittest’ is beneficently inevitable; the capitalist is powerless against labor, unless the State . . . steps in, and helps him catch and fleece his victims. The old plea of despotism, that liberty is unsafe, reappears now in the mistaken notion that competition is hostile to labor. Ezra Heywood