
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.
- Image from Wikimedia Commons, public domain; from the Library of Congress.
- (I found the quote in Bartlett’s Familiar Quotations, 16th Edition)
- (No, I don’t agree with what Carnegie said there.)






