Henry A. Wallace: Fascist Greed for Power
on Tuesday, November 29, 2016Vice President to Roosevelt, Henry A. Wallace Money Quote saying fascism evades the laws that should protect citizens from greed wielded by the powerful. Henry A. Wallace said:
“[Fascists] in their insatiable greed for money and the power which money gives, do not hesitate surreptitiously to evade the laws designed to safeguard the public from monopolistic extortion”
— Henry A. Wallace
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This quote from Henry A. Wallace criticizes fascists for their greed and willingness to illegally circumvent laws meant to protect the public from monopolistic abuse of power for profit. Wallace suggests fascists have an insatiable desire for money and the authority that wealth provides, which causes them to covertly violate anti-monopoly legislation designed to prevent companies from exploiting their dominant market position.
The quote portrays fascists as prioritizing self-interested accumulation of riches over ethical business practices and the well-being of consumers, implying their greed compromises moral scruples in order to maximize profits through monopolization at the public’s expense. Overall, Wallace conveys disapproval of fascists surreptitiously breaking anti-trust laws due to their unquenchable thirst for wealth, money and the control it enables them to wield over others.
Birthday: October 7, 1888 – Death: November 18, 1965
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Pat Bagley, The Salt Lake Tribune, UT
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