Quote of the moment: Andrew Carnegie, on competition


Carnegie Steel Works, Youngstown, Ohio, 1910

While the law [of competition] may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department. We accept and welcome, therefore, as conditions to which we must accommodate ourselves, great inequality of environment, the concentration of business, industrial and commercial, in the hands of a few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.

Andrew Carnegie (1835-1919), “Wealth,” in the North American Review, June 1889.

Please play nice in the Bathtub -- splash no soap in anyone's eyes. While your e-mail will not show with comments, note that it is our policy not to allow false e-mail addresses. Comments with non-working e-mail addresses may be deleted.

This site uses Akismet to reduce spam. Learn how your comment data is processed.