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Industrial progress would undoubtedly be slower under state-control,…

Quote byJohn Atkinson Hobson · 1858–1940

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Ch. XVII Civilisation and Industrial Development.

English (original)

Industrial progress would undoubtedly be slower under state-control, because the very object of such control is to divert a larger proportion of human genius and effort from these occupations in order to apply them in producing higher forms of wealth.

— John Atkinson Hobson

59

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