"There is every indication that we are to see new developments of the power of aggregated capital to serve civilization, and that the new developments will be made right here in America"
About this Quote
The key rhetorical move is the moral laundering of scale. “Aggregated capital” is a bloodless term for consolidation: trusts, railroads, finance, the machinery that concentrates decision-making in fewer hands. But paired with “serve civilization,” it becomes a civilizing force rather than a threat. The subtext is classic late-19th-century American confidence: what is profitable will also be progressive, and what is large will be efficient enough to count as moral.
“Right here in America” adds a nationalist flourish that doubles as a permission slip. It suggests that the United States is uniquely suited to turn private accumulation into public benefit, making critique feel almost unpatriotic. In a period marked by labor unrest, vast inequality, and the early stirrings of antitrust politics, Sumner’s intent is defensive as much as celebratory: to preempt regulation by narrating corporate concentration as the engine of modern “civilization.” The sentence is less a prediction than a strategic framing of power as destiny.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Sumner, William Graham. (n.d.). There is every indication that we are to see new developments of the power of aggregated capital to serve civilization, and that the new developments will be made right here in America. FixQuotes. https://fixquotes.com/quotes/there-is-every-indication-that-we-are-to-see-new-108055/
Chicago Style
Sumner, William Graham. "There is every indication that we are to see new developments of the power of aggregated capital to serve civilization, and that the new developments will be made right here in America." FixQuotes. Accessed February 2, 2026. https://fixquotes.com/quotes/there-is-every-indication-that-we-are-to-see-new-108055/.
MLA Style (9th ed.)
"There is every indication that we are to see new developments of the power of aggregated capital to serve civilization, and that the new developments will be made right here in America." FixQuotes, https://fixquotes.com/quotes/there-is-every-indication-that-we-are-to-see-new-108055/. Accessed 2 Feb. 2026.





