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Despite the large number of mergers, and the growth in the absolute size of many corporations, the dominant tendency in the American economy at the beginning of [the 20th] century was toward growing competition. [And] competition was unacceptable…It was not the existence of monopoly that caused the federal government to intervene in the economy, but the lack of it.
Gabriel Kolko
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The entire banking movement, at all crucial stages, was centralized in the hands of a few men who for years were linked, ideologically and personally, with one another.
Gabriel Kolko
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Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Gabriel Kolko
Born:
August 17, 1932
Died:
May 19, 2014
(aged 81)
Bio:
Gabriel Morris Kolko was an American-born Canadian historian and author. His research interests included American capitalism and political history, the Progressive Era, and US foreign policy in the 20th century.
Known for:
Triumph of Conservatism (1963)
Anatomy of a War (1985)
Railroads and regulation, 1877-1916 (1965)
Century of war (1994)
Vietnam (1997)
Gabriel Kolko on Wikipedia
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