Saturday, January 31, 2015

"Unrestrained competition"

“Under the present system of unrestrained competition, the ownership of the means of production, transport, distribution, information and especially in the hands of a few, you have an increasing tendency to monopoly, and the community is subservient to monopoly.” ─ The Way Out.

“This monopoly of credit only touches the ordinary man when he has a mortgage from a bank himself. The proletariat, living on a wage, is not aware of the new power. Yet it is the power which, more than any other, is threatening our civilization with ruin.” ─ The Way Out.

~Hilaire Belloc

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