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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
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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

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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.
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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.
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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.
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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.
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