Walter Lippmann: The Opposition Between People and Big Business

„The simple opposition between the people and big business has disappeared because the people themselves have become so deeply involved in big business.“

Walter LippmannWalter Lippmann explains why the simple opposition between people and big business has disappeared today.
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Walter Lippmann was an American journalist and political commentator, known for his work on public opinion and political communication.

This statement reflects the complex connection between society and economy.


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Walter Lippmann quote about the relationship between people and big business

Walter Lippmann (1889–1974) was a prominent American journalist, media critic, and political commentator. He coined significant concepts in media and communication studies, particularly regarding the role of mass media in democracy. His book "Public Opinion" (1922) remains a classic in media criticism and political philosophy.

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"To the extent that handicrafts are wiped out by the competition of industry, and to the extent that the smaller entrepreneur, including the farmer, becomes unable to exist, we are all quite simply forced to submit in our way of life to the wishes of the large producers, to eat the food and put on the clothes they think good for us, and what is worst of all, by virtue of the conditioning bestowed upon us, we do not even realize that they are doing so." Konrad Zacharias Lorenz
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"The few who could understand the system (checks, money, credits) will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests." Nathaniel Meyer Rothschild
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