Edward Ryan on Corporate Political Power
on Friday, October 4, 2013Edward Ryan Money Quotation saying as Wisconson Supreme Court Chief Justice that American business is aiming directly for political control via lobbyists and campaign contributions. Edward Ryan said:
“Enterprises … aggregating vast corporate combinations of unexampled capital, boldly marching, not for economic conquests only but for political power” — Edward Ryan
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In this quote, Edward Ryan is describing large corporations that amass enormous wealth (“vast corporate combinations of unexampled capital”). He notes they pursue profit aggressively by “boldly marching” to expand their business interests. However, Ryan observes their quest for dominance goes beyond just “economic conquests” – he asserts these corporations also seek greater “political power”.
The quote suggests Ryan believed corporations were increasingly trying to influence government and policymaking in a way that extended beyond their economic role. He appears to see this pursuit of political influence as a threat to democracy.
Overall, Ryan is voicing concern about the growing ambition of big businesses to exert control over both economic and political spheres of society.
Christopher Weyant, The Hill
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