DebsSpeak: On Concentration Of Wealth

In “Industrial and Social Democracy”, Eugene V. Debs writes about the danger that the concentration of wealth and property in the hands of a few poses to democracy, peace, and progress.

“Privately owned industry and production for individual profit are no longer compatible with social progress and have ceased to work out to humane and civilized ends.”

“A privately owned world can never be a free world and a society based upon warring classes cannot stand.”

(Eugene V. Debs, “Industrial and Social Democracy”, American Socialist, May 27, 1915)

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