Monopolists who fear competition and who distrust democracy because...

Who said "Monopolists who fear competition and who distrust democracy because... "?

"Monopolists who fear competition and who distrust democracy because... " is one of a famous quotes by Henry A.Wallace. Complete quote is as follows;
"Monopolists who fear competition and who distrust democracy because it stands for equal opportunity would like to secure their position against small and energetic enterprise."

What is "Monopolists who fear competition and who distrust democracy because... "?

"Monopolists who fear competition and who distrust democracy because it stands for equal opportunity would like to secure their position against small and energetic enterprise." This is a quote by Henry A.Wallace which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

• The heart never grows better by age I fear rather worse, always harder. A young liar will be an old one, and a young knave will only be a greater knave as he grows older.

What does "Monopolists who fear competition and who distrust democracy because... " mean?

This quote is primarily about fear although it also includes other themes like . It is attributed to Henry A.Wallace. Complete quote is as follows;
"Monopolists who fear competition and who distrust democracy because it stands for equal opportunity would like to secure their position against small and energetic enterprise."