Lawrence Lessig Quotes
While control is needed, and perfectly warranted, our bias should be clear up front: Monopolies are not justified by theory; they should be permitted only when justified by facts. If there is no solid basis for extending a certain monopoly protection, then we should not extend that protection.
Lessig, Lawrence. Free Culture: How Big Media Uses Technology and the Law to Lock Down Culture and Control Creativity. Penguin Press, 2004, p. 118.
To the modern reader utterances such as this from a Conservative Prime Minister seem astounding. However, the Great Depression existed in Canada as well as the United States, and Franklin Delano Roosevelt was not the only world leader who would reach the conclusion that business and capitalism must be profoundly regulated and the system changed if it was to be saved.
Most companies in a capitalistic system compete mightily to obtain monopolistic positions so they can avoid capitalistic competition thereafter.
This quotation illustrates one of White’s correct early grasps of what was happening in the political economy of the time and its future direction with growing industrialization and technological complexity. Most historians agree that White passed classified information to the Russians. He was accused of being a Communist, but there was never any evidence of that. Some people believe that he was a spy for the Russians and committed espionage, but others disagree observing that White was very much his own man and felt that much information that was classified never should have been. White substituted his own judgment, it is believed, about what could be given to the Russians for the security system. He was an admirer of what Russian socialism had accomplished economically, educationally and medically since the 1917 revolution deposing the Czar. Russia had been a valuable military ally, which had taken the brunt of both military and civilian casualties in WWII. White’s economics were certainly not Marxist but very much Keynesian. He was subpoenaed by the House Un-American Activities Committee where he was accused of being a Communist which he denied (see {634907}). He died of a heart attack 3 days later.
Lester Lawrence Lessig III is an American academic, attorney, and political activist. He is the Roy L. Furman Professor of Law at Harvard Law School and the former director of the Edmond J. Safra Center for Ethics at Harvard University. Lessig was a candidate for the Democratic Party's nomination for president of the United States in the 2016 U.S. presidential election, but withdrew before the primaries.
