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Quote by Lee Iacocca

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Lee Iacocca
Lee Iacocca

Lee Iacocca was a prominent American businessman recognized for his significant contributions to the automotive industry. Born on October 15, 1924, he is best known for his leadership at Chrysler Corporation in the 1970s and 1980s, where he implemented innovative strategies that led to the company's recovery from financial distress. more

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“In the whole history of capitalism, no one has been able to establish a coercive monopoly by means of competition in a free market...Every single coercive monopoly that exists or ever has existed...was created and made possible only by an act of government...which granted special privileges (not obtainable in a free market) to a man or a group of men, and forbade all others to enter that particular field.”

“I say unto you with all the soberness I can, that we stand in danger of losing our liberties, and that once lost, only blood will bring them back; and we of this church will, in order to keep the Church going forward, have more sacrifices to make, and more persecutions to endure than we have yet known. If the conspiracy comes here it will probably come in its full vigor and there will be a lot of vacant places among those who guide and direct, not only this government, but also this Church of ours.”