I believe in corporations. They are indispensable instruments of our modern civilization; but I believe that they should be so supervised and so regulated that they shall act for the interest of the community as a whole.
About this quote
- What does it mean?
- Roosevelt supports corporations as vital to civilization but insists they must be regulated to serve the public interest.
- In plain terms
- Corporations are necessary but must be controlled to help everyone, not just owners.
- What can you take from it?
- Support corporations but enforce regulation for public good.
Where it applies
Putting it to work
Questions to consider
- How much regulation is enough?
- Can corporations serve public interest without rules?
Another view
Over regulation can stifle the innovation corporations bring.
More from Theodore Roosevelt
I am only an average man but, by George, I work harder at it than the average man.
Permalink to quote #77 I care not what others think of what I do, but I care very much about what I think of what I do! That is character!
Permalink to quote #79 I am a part of everything that I have read.
Permalink to quote #76
Related quotes
Our aim is not to do away with corporations; on the contrary, these big aggregations are an inevitable development of modern industrialism, and the effort to d…
Theodore RooseveltTheodore Roosevelt quote #12 We wish to control big business so as to secure among other things good wages for the wage-workers and reasonable prices for the consumers. Wherever in any bus…
Theodore RooseveltTheodore Roosevelt quote #24 Gasoline prices are soaring through the stratosphere, and the Federal Trade Commission, which is supposed to be standing up for the consumer, ought to stop pla…
Ron WydenRon Wyden quote #2