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. First published in North American Review, Cedar Falls, Iowa (June 1889). "The Gospel of Wealth," quoted in Life of Andrew Carnegie, vol. 1, ch. 17, Burton J. Hendrick (1932).