I must confess my distaste for any proposal to use public…
“I must confess my distaste for any proposal to use public funds for the support of selected, and thereby, privileged, industrialists, the more particularly if this is to be based on bureaucratic views of what is good and what is bad by way of industrial development, but I have been studying the report referred to with some interest.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Criticizes using public money to favor wealthy industrialists based on bureaucratic judgments of development.
In simple terms: Public funds should not prop up privileged businesses.
Key Takeaway
Demand fair, merit‑based allocation of public resources.
Themes
economics
public policy
inequality
Mood
critical
skeptical
Type
political
analytical
When to use this quote
- budget planning
- tax policy
- social welfare programs
- public debate
Key Concepts
government subsidies
bureaucracy
industrial development
Questions to Reflect On
- How can governments ensure subsidies benefit society broadly?
- What criteria should guide public investment?
A Different Perspective
May neglect broader social needs or market efficiencies.