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Money quote: "[Supreme Court Justice Louis] Brandeis’s basic contention, built up over a lifetime of lawyering from the Gilded Age onward, was that big busines
by enraged_camel 10y ago
Money quote:
"[Supreme Court Justice Louis] Brandeis’s basic contention, built up over a lifetime of lawyering from the Gilded Age onward, was that big business and democracy were rivals. “We may have democracy, or we may have wealth concentrated in the hands of a few,” he said, “but we can’t have both.” Economics, identity, and politics could not be divorced, because financial power—bankers and monopolists—threatened local communities and self-government."