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We need to exert ourselves that much more, and break out of the vicious cycle of dependence imposed on us by the financially powerful: those in command of immense market power and those who dare to fashion the world in their own image.

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It was natural and perhaps human that the privileged princes of these new economic dynasties, thirsting for power, reached out for control over government itself. They created a new despotism and wrapped it in the robes of legal sanction.

More striking still, it appeared that, if the process of concentration goes on at the same rate, at the end of another century we shall have all American industry controlled by a dozen corporations and run by perhaps a hundred men. Put plainly, we are steering a steady course toward economic oligarchy, if we are not there already.

We must work together to ensure the equitable distribution of wealth, opportunity and power in our society.

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There must be an end to white monopoly on political power, and a fundamental restructuring of our political and economic systems to ensure that the inequalities of apartheid are addressed and our society thoroughly democratized.