"Liberty of individuals to live unmolested by the power of overlords has become confused with the liberty of great industrial overlords to hold in their uncontrolled discretion the livelihood of individuals. The very Declaration of Independence is now the symbol of great business organizations, who insist that every corporation is born free and equal, and that holding companies are entitled to life, liberty, and the pursuit of power. The ideal of free competition is used to stamp out competition. Thus great organizations became the actual government of the people in their practical affairs."
--Thurman Arnold
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