Affected Quote by Anonymous
“To say that only those businesses affected with a public interest may be regulated is but another way of stating that all those businesses which may be regulated are affected with a public interest.”
About This Quote
Regulation is justified when businesses affect the public interest; the statement is a tautology that all regulated businesses affect the public.
In simple terms: Regulation ties to public impact.
Key Takeaway
Consider public impact before regulating.
Themes
law
public policy
business ethics
Mood
critical
analytical
Type
legal
philosophical
When to use this quote
- environmental regulation
- financial oversight
- health safety
- media control
Key Concepts
regulation theory
public interest
Questions to Reflect On
- Is every business truly affecting the public?
- How can we define “public interest” clearly?
A Different Perspective
Assumes all businesses have clear public impact.
![“The diseased pride [of artistic individualists] was not even conscious of a public interest, and would have found all political terms utterly tasteless and insignificant. It was no longer a question of one man one vote, but of one man one universe.” quote by Gilbert K. Chesterton](https://sms4smile.com/quotes/img-quotes/df5/gilbert-k-chesterton-223_art_the-diseased-pride-of-artistic-individua_98127.jpg)
