Economic Monopoly Quotes
Most companies in a capitalistic system compete mightily to obtain monopolistic positions so they can avoid capitalistic competition thereafter.
The concept and importance of the manager was just beginning to be understood. Sumner was instrumental in making workers and capitalists that they all needed and depended on managers who he called “captains of industry.” Others used the term to describe rich financiers and owners of large enterprises, but Sumner identified a role for the captain who was neither an owner nor a worker—the modern executive.