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Quote by Eric Kierans

“This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation.”

Quote by Eric Kierans

Author

Eric Kierans, a prominent Canadian politician, was born on February 2, 1914, and passed away on May 9, 2004. He was active in Canadian politics and held several significant positions during his career. more

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