Franklin D. Roosevelt: Money Government
on Thursday, June 11, 2015Franklin D. Roosevelt Money Quotation saying war profiteers, banks & corporations of his time were similar to billionaire class now in running government. Franklin D. Roosevelt said:
“We know now that Government by organized money is just as dangerous as Government by organized mob” — Franklin D. Roosevelt
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Franklin D. Roosevelt’s quote suggests that an excessive concentration of wealth in the hands of a few individuals or groups can be detrimental to democratic governance, as it can lead to undue influence and corruption.
He argues that this is just as dangerous as government by organized crime. The quote highlights the risks of wealth inequality and the importance of ensuring that power and resources are distributed more equitably.
Birthday:January 30, 1882 – Death: April 12, 1945