Thursday, May 24, 2012

Too Big to Fail or Too Big to Exist?



I think we are in a position, after the experience of the last 20 years, to state two things: in the first place, that a corporation may well be too large to be the most efficient instrument of production and distribution, and, in the second place, whether it has exceeded the point of greatest economic efficiency or not, it may be too large to be tolerated among the people who desire to be free.

~ Louis Brandeis, 1911 

Louis Dembitz Brandeis was an Associate Justice on the Supreme Court of the United States from 1916 to 1939. He was born in Louisville, Kentucky, to Jewish immigrant parents who raised him in a secular mode. 

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