In simple terms, the statement suggests that something beneficial at one point can later become harmful or detrimental if circumstances change. The idea is that what was once seen as progress or a positive development might turn into a problem over time.
The deeper meaning of this quote reflects on the nature of change and how we perceive progress in various aspects of life, such as technology, society, and personal growth. It implies that just because something appears advantageous now does not guarantee it will remain so indefinitely. This perspective encourages us to be cautious about embracing trends or changes without considering their long-term implications. For example, a technological advancement might solve immediate problems but could create unforeseen challenges in the future if we do not think critically about its potential drawbacks.
Walter Bagehot was an influential British journalist and economist who lived from 1826 to 1877. He is best known for his work in political economy and journalism, particularly through "The Economist" magazine, where he served as editor. His insights often focused on the interplay between politics, economics, and society, and this quote reflects his broader philosophy of being wary of the unforeseen consequences that can arise from what seems to be positive progress at any given moment.
