Louis D. Brandeis: “The Greatest Life Insurance Wrong”

( 1906 ) Commentary by David W. Levy, University of Oklahoma

“The extraordinary wastefulness of the present system of industrial insurance is due in large part to the fact that the business … is carried on for the benefit of others than the policy-holders. The needs and financial inexperience of the wage-earner are exploited for the benefit of stockholders or officials.” - “The Greatest Life Insurance Wrong”

Louis D. Brandeis (Library of Congress)

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