"When money is controlled by a few it gives that few an undue power and control over labor and the resources of the country. Labor will have its best return when the laborer can control its disposal."

Previous Quote

While its [Harvard's] undergraduate life was still controlled [in 1908-1912] by a select group of rich and fashionable families whose sons merely arrived when they were due to fill the places that had been waiting for them from the day they were born, it was, at the same time, opening its doors to a more cosmopolitan student population and beginning to take the first tentative steps toward mitigating the evils of a pyramidal social system that concentrated all its social honors upon the rich and the wellborn.

— Doris Kearns Goodwin