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
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.
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.
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