“The small American businessman has long complained about how difficult it is for him to survive in the competition with the large American corporation,” [Walter] Lippmann warned. “What will he do when he has to face the competition of totalitarian monopoly organized on a continental scale?”
Alan Brinkley The Publisher: Henry Luce and His American Century
Lippmann was talking about the Soviet Union at the time, but his words do resonate today.
Happy New Year, everyone, from Silicon Hutong.