William Graham Sumner Quotes
No matter how large, efficient, and mature … industries become, they continue to demand protection, and thanks to their wealth and political power, they get it. The longer they live, the bigger babies they are.
This criticism of business has been made ever since by many opposed to protectionism, corporate welfare, subsidies, and bailouts. Yet they get bigger each decade.
William Graham Sumner, 1840-1910, Political Scientist & Philosopher, 1885
Sourced by: Eigen's Political and Historical Quotations
The Kimberly and Comstock lodes were natural deposits of copper and silver so close to the surface that it required very little work to remove the metal and sell the it.
Referring to large corporations receiving substantial tax advantages and other subsidies:
He had just retired after 24 years in Congress.
The State Department has always been reluctant to have the US Government make an official condemnation of the Turkish. Prior to the end of WWI. Turkey’s Ottoman Empire controlled most of the Middle East which was discovered to be full of oil. Armenia had no oil. The State Department since then (and until the 1970s) it has made it a top priority to advocate for Standard Oil and other American oil companies with the Turks and then the Arabs regardless of the morality of the situation. Despite the fact that virtually every American leader wanted to advocate for the Armenians, the State Department held fast to not
upset Turkey about the Armenian Genocide. Cardashian was the first American who openly stated what the real motivation was. See {638251}, {620602}, {620603}, {620604}, {620605}, and {620606}
While this is a common complaint in the American political dialogue at the beginning of the 21st century, it is interesting that this was the conclusion of a foreign political scholar studying that period—one who was generally a great admirer of America.
William Graham Sumner was a classical liberal American social scientist. He taught social sciences at Yale, where he held the nation's first professorship in sociology. He was one of the most influential teachers at Yale or any other major school. Sumner wrote widely within the social sciences, with numerous books and essays on American history, economic history, political theory, sociology, and anthropology. He supported laissez-faire economics, free markets, and the gold standard. He adopted the term "ethnocentrism" to identify the roots of imperialism, which he strongly opposed, and as a spokesman against it he was in favor of the "forgotten man" of the middle class, a term he coined. He had a long-term influence on conservatism in the United States.
