Louis Brandeis
1856 – 1941 American lawyer, US Supreme Court justice
American lawyer and Supreme Court justice who warned against the curse of bigness and criticised the power of banks and large corporations.
- Religion
- Jewish
- Affiliations
- US Supreme Court
Louis Brandeis was a reforming lawyer known as the people's attorney before becoming the first Jewish justice of the US Supreme Court in 1916. In Other People's Money and How the Bankers Use It he attacked how a small circle of financiers used depositors' money to control industry. He championed antitrust, competition, and what he called the curse of bigness, arguing that concentrated corporate and financial power threatened democracy. On the Court he wrote influential opinions on privacy, free speech, and the limits of corporate power. His thinking remains a touchstone for critics of monopoly and finance.
Connections
- rival of Milton Friedman — Brandeis warned of the curse of bigness; Friedman later championed the shareholder-first corporation Brandeis feared.
In the timeline
- 1886 Santa Clara and the doctrine of corporate personhood later critic of expansive corporate power
- 1910 Brandeis coins the term 'scientific management' mentioned
- 1911 Standard Oil is broken up by antitrust leading antitrust advocate of the era
- 1928 Olmstead v. United States allows warrantless wiretaps mentioned