QuoteProject
If the Government gets into business on any large scale, we soon find that the beneficiaries attempt to play a large part in the control. While in theory it is to serve the public, in practice it will be very largely serving private interests. It comes to be regarded as a species of government favor and those who are the most adroit get the larger part of it.
Calvin Coolidge
ShareWTF𝕏

Interpretation

What this quote means

Government involvement in business often leads to the prioritization of private interests over public good.

Calvin Coolidge's quote reflects on the complexity of government participation in business. While it may be intended to help the public, in reality, it often ends up benefiting those who are adept at influencing the system, thereby possibly compromising the original intent of serving the greater good. This highlights the challenges of ensuring that public policies remain focused on their intended purpose amidst potential manipulation by private interests.

Themes

GovernmentBusinessPublic InterestPrivate InterestControl

In practice

Example use cases

In a political speech discussing regulations on industries.

More from Calvin Coolidge

They criticize me for harping on the obvious; if all the folks in the United States would do the few simple things they know they ought to do, most of our big problems would take care of themselves.
Calvin CoolidgeRead
It is difficult for men in high office to avoid the malady of self-delusion. They are always surrounded by worshipers. They are constantly, and for the most part sincerely, assured of their greatness.
Calvin CoolidgeRead
America's present need is not heroics, but healing; not nostrums, but normalcy; not revolution, but restoration; not agitation, but adjustment; not surgery, but serenity; not the dramatic, but the dispassionate; not experiment, but equipoise; not submergence in internationality, but sustainment in triumphant nationality.
Calvin CoolidgeRead
No method of procedure has ever been devised by which liberty could be divorced from local self-government. No plan of centralization has ever been adopted which did not result in bureaucracy, tyranny, inflexibility, reaction, and decline.
Calvin CoolidgeRead
Whether one traces his Americanism back three centuries to the Mayflower, or three years to the steerage, is not half so important as whether his Americanism of today is real and genuine. No matter by what various crafts we came here, we are all now in the same boat.
Calvin CoolidgeRead
The foundations of our society and our government rest so much on the teachings of the Bible that it would be difficult to support them if faith in these teachings would cease to be practically universal in our country.
Calvin CoolidgeRead

Similar quotes

I will defend Europe; it is our civilisation which is at stake... I will work to rebuild ties between Europe and its citizens.
Emmanuel MacronRead
A neoconservative is a liberal who's been mugged by reality. A neoliberal is a liberal who's been mugged by reality but has refused to press charges.
Irving KristolRead
But I can tell you what I believe: When tens of thousands of innocent souls have perished in Darfur-when 11 million children are without health insurance-when our colossal debt subjects our economic future to the whims of Asian bankers-no one can tell me that faith demands this Senate spend its time arguing over a handful of judges. No one with those priorities can use my faith to intimidate me.
John F. KerryRead
The effect of that is to poison the flow of information to the President himself and to create a situation where a President can be almost, to use a metaphor, psychotically divorced from the realities in which he is acting.
Daniel EllsbergRead
Dictators, unlike Democrats, depend on a small coterie to sustain their power. These backers, generally drawn from the military, the senior civil service, and family or clan members, have a synergistic relationship with their dictator. The dictator delivers opportunities for them to become rich, and they protect him from being overthrown.
Bruce Bueno De MesquitaRead
Nations are born in the hearts of poets, they prosper and die in the hands of politicians.
Muhammad IqbalRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.

Quote by Calvin Coolidge | QuoteProject