Animal Quote by B. C. Forbes
“If the World War [I] demonstrated anything it was that government ownership is fraught with the gravest dangers and usually leads to disaster. Take Britain. The two problems which have caused the greatest trouble since the war ended have been transportation and coal. The government seized both industries when the war broke out. It got them into such a hopeless mess that it does not know how to turn [In] coal; the government now realizes, it took hold of the tail of a wild animal and is afraid to let go.”
About This Quote
Source Speech: Economic Commentary, 1935
Government control of industry often leads to inefficiency and disaster, as seen in post‑war Britain’s transport and coal sectors.
In simple terms: State ownership can create chaos.
Limit government control of critical industries.
Themes
Mood
Type
When to use this quote
- policy debates
- corporate strategy
- infrastructure planning
Key Concepts
Questions to Reflect On
- When is government intervention justified?
- How can public‑private partnerships improve outcomes?
State ownership may sometimes succeed with proper oversight.