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"We accept and welcome … 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), U.S. industrialist, philanthropist. "The Gospel of Wealth," in North American Review (Cedar Falls, Iowa, June 1889). Quoted in: Burton J. Hendrick, Life of Andrew Carnegie, vol. 1, ch. 17 (1932)
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