"It is just so with personal liberty. The unlimited freedom which the individual property-owner has enjoyed has been of use to this country in many ways, and we can continue our prosperous economic career only by retaining an economic organization which will offer to the men of the stamp of the great captains of industry the opportunity and inducement to earn distinction. Nevertheless, we as Americans must now face the fact that this great freedom which the individual property-owner has enjoyed in the past has produced evils which were' inevitable from its unrestrained exercise. It is this very freedom - this absence of State 'and National restraint - that has tended to create a small class of enormously wealthy and economically powerful men whose chief object is to hold and increase their power. Any feeling of special hatred toward these men is as absurd as any feeling of special regard. Some of them have gained their power by cheating and swindling, just as some very small business men cheat and swindle; but, as a whole, big men are no better and no worse than their small competitors, from a moral standpoint. Where they do wrong it is even more important to punish them than to punish as small man who does wrong, because their position makes it especially wicked for them to yield to temptation; but the prime need is to change the conditions which enable them to accumulate a power which it is not for the general welfare that they should hold or exercise, and to make this change not only, without vindictiveness, without doing injustice to individuals, but also in a cautious and temperate spirit, testing our theories by actual practice, so that our legislation may represent the minimum of restrictions upon the individual initiative of the exceptional man which is compatible with obtaining the maximum of welfare for the average man."

Theodore Roosevelt Politics See all quotes by Theodore Roosevelt →

React to this quote

More by Theodore Roosevelt

“There is much talk about "jingoism". If by "jingoism" they mean a policy in pursuance of which Americans will with resolution and common sense insist upon our rights being respected by foreign powers, then we are "jingoes".”

“I don’t go so far as to think that the only good Indian is the dead Indian, but I believe nine out of every ten are, and I shouldn’t like to inquire too closely into the case of the tenth.”

“The most vicious cowboy has more moral principle than the average Indian.”

“By God, if you try anything like that, I'll kick you, I'll bite you, I'll kick you in the balls. I'll do anything to you — you'd better leave me alone.”

“When a judge decides a constitutional question, when he decides what the people as a whole can or cannot do, the people should have the right to recall that decision if they think it wrong. We should hold the judiciary in all respect; but it is both absurd and degrading to make a fetish of a judge or of anyone else.”

“If there ever was a pursuit which stultified itself by its very conditions, it is the pursuit of pleasure as the all-sufficing end of life. Happiness can not come to any man capable of enjoying true happiness unless it comes as the sequel to duty well and honestly done. To do that duty you need to have more than one trait.”

Resonant Thoughts

"You may roughly divide the nations of the world as the living and the dying. On the one side you have great countries of enormous power growing in power every year, growing in wealth, growing in domin…"

— Robert Gascoyne-Cecil

Politics1830–1903

#war

"You have the power to create. Your power is so strong that whatever you believe comes true. You create yourself, whatever you believe you are. You are the way you are because that is what you believe …"

— Miguel Ángel Ruiz

Philosophy1952

#truth

"I believe in shaping the ends of government to protect property as well as human welfare. Normally, and in the long run, the ends are the same; but whenever the alternative must be faced, I am for men…"

— Theodore Roosevelt

Politics1858–1919

#politics

"When I collect my experiences, I notice that fascist is a person who holds one of the following beliefs : 1) That people should wash themselves, rather than go dirty; 2) that freedom of the press in A…"

— Leszek Kołakowski

Philosophy1927–2009

#freedom