Who said “The private control of credit is the modern form of slavery.”?

Verified

Upton Sinclair. A published source records them saying or writing it.

Sourcep16, Letter Four

Evidence: Wikiquote · How we check

Source checked · Something wrong? Report a correction

Authors A–Z

Cite this quote

For academic work, cite the original where you can: p16, Letter Four.

APA

Sinclair, U. (n.d.). The private control of credit is the modern form of slavery. [Quotation]. Famous Quotations Network. Retrieved October 24, 2026, from https://www.famous-quotations.com/quotes/12066-the-private-control-of-credit-is-the-modern/

MLA

Sinclair, Upton. “The private control of credit is the modern form of slavery.” Famous Quotations Network, https://www.famous-quotations.com/quotes/12066-the-private-control-of-credit-is-the-modern/. Accessed 24 Oct. 2026.

Chicago

Sinclair, Upton. “The private control of credit is the modern form of slavery.” Famous Quotations Network. Accessed October 24, 2026. https://www.famous-quotations.com/quotes/12066-the-private-control-of-credit-is-the-modern/.

Related quotes

“A person who can't pay gets another person who can't pay to guarantee that he can pay. Like a person with two wooden legs getting another person with two wooden legs to guarantee that he has got two natural legs. It don't make either of them able to do a walking-match.”
— Charles Dickens
VerifiedLittle Dorrit (1855-1857) · evidenceDetails & citeCredit
“O Gold! I still prefer thee unto paper, which makes bank credit like a bark of vapor.”
— Lord Byron
Credit
“Blest paper-credit! last and best supply! That lends corruption lighter wings to fly!”
— Alexander Pope
Credit

More quotes by Upton Sinclair

“It is difficult to get a man to understand something when his salary depends upon his not understanding it.”
Understanding
All 3 Upton Sinclair quotes →