Antitrust and Democracy

Our solution of the anti-monopoly problems must be in terms of our ideals-the ideals of political and economic democracy. We want no economic or political dictatorship imposed upon us either by the government or by big business. We want no system of detailed regulation of prices by the government nor price fixing by private interests. We do not want bureaucracy or regimentation of any kind, but we will prefer governmental to private bureaucracy and regimentation, if we have to make such a choice.

We cannot permit private corporations to be private governments. We must keep our economic system under the control of the people who live by and under it.