You can make the Ring into an allegory of our own time, if you like: and allegory of the inevitable fate that waits for all attempts to defeat evil power by power.
Interpretation
The quote suggests that attempts to defeat evil with power often lead to inevitable failure.
J. R. R. Tolkien's quote reflects on the futility of using power to combat evil power. It signifies that no matter how much strength one may possess, the nature of evil is such that it cannot be defeated merely through force. The reference to the Ring symbolizes the persistent allure and corruption that power brings, warning that relying on power alone to vanquish evil leads to the same cycle of corruption and defeat.
In practice
In a speech about governance, one might quote this to emphasize the need for ethical leadership.
All the same, I should like it all plain and clear," said he obstinately, putting on his business manner (usually reserved for people who tried to borrow money off him), and doing his best to appear wise and prudent and professional and live up to Gandalf's recommendation. "Also I should like to know about risks, out-of-pocket expenses, time required and remuneration, and so forth"--by which he meant: "What am I going to get out of it ? and am I going to come back alive?
Go not to the Elves for counsel,_x000D_ for they will say both no and yes._x000D_ Elves seldom give unguarded advice,_x000D_ for advice is a dangerous gift,_x000D_ even from the wise to the wise,_x000D_ and all courses may run ill.
What did I tell you, Mr. Pippin?' said Sam, sheathing his sword. 'Wolves won't get him. That was an eye-opener, and no mistake! Nearly singed the hair off my head!
Under the Mountain dark and tall The King has come unto his hall! His foe is dead, the Worm of Dread, And ever so his foes shall fall. The sword is sharp, the spear is long, The arrow swift, the Gate is strong; The heart is bold that looks on gold; The dwarves no more shall suffer wrong. The dwarves of yore made mighty spells, While hammers fells like ringing bells In places deep, where dark things sleep, In hollow halls beneath the fells. -from The Hobbit (Dwarves Battle Song)
The chief purpose of life, for any of us, is to increase according to our capacity our knowledge of God by all means we have, and to be moved by it to praise and thanks.
Alive without breath, As cold as death; Never thirsty, ever drinking, All in mail never clinking.
Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.... The subjection of individuals will increase amongst democratic nations, not only in the same proportion as their equality, but in the same proportion as their ignorance.
For in that universal call,_x000D_ _x000D_ Few bankers will to heaven be mounters;_x000D_ _x000D_ They'll cry, "Ye shops, upon us fall!_x000D_ _x000D_ Conceal and cover us, ye counters!_x000D_ _x000D_ When other hands the scales shall hold,_x000D_ _x000D_ And they, in men's and angels' sight_x000D_ _x000D_ Produced with all their bills and gold,_x000D_ _x000D_ 'Weigh'd in the balance and found light!'
[death]...the abyss from where no traveler is permitted to return
Perhaps his might be one of the natures where a wise estimate of consequences is fused in the fires of that passionate belief which determines the consequences it believes in.
Surely the glory of journalism is its transience.
Two dangers constantly threaten the world: order and disorder.
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