There is no such thing as the Queen's English. The property has gone into the hands of a joint stock company and we own the bulk of the shares!

Summary

This quote suggests that the concept of the "Queen's English" does not exist anymore. It implies that the ownership of language has shifted from the monarch to the general public, likening it to a joint stock company where individuals collectively possess the majority of influence. In other words, language is no longer dictated or owned by a select few; instead, it is now shaped and determined by the shared contributions of the masses.

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