A 1976 Wall Street Journal article gets credit for first use of the catch phrase, “taming the beast”, based on a quote of an unnamed Reagan staffer. Critics of both big government and mega corporations reflexively go Biblical when viewing what they view as the ungodly.
Taming the beast has also been used more recently. In a 2014 article, “Taming the Corporate Beast,” Marianne Hill offered a business version of the apocalypse, supported by Colin Mayer, former deal of Oxford University, who offered the following “scathing attack on corporations,
The corporation is becoming a creature that threatens to consume us in its own avaricious ambitions. We need to address its failings as a matter of urgency, not only to avert its damaging effects on our prosperity, social cohesion, and the environment, but also because it offers the lifeline out of (today’s economic) constrictions.
Ms. Hill suggested that “business experts across the United States echo Mayer’s sentiments. USC Professor Edward Lawler stated
For corporations to perform well financially, socially and environmentally … they need a fundamental change in their goals and how they achieve them … a DNA change that must begin at the top. [This means] major changes in how corporate boards are structured and operated. 
The “Smart” Corporation identifies the Elizabethan-era corporation the military-commercial hybrid that European expansion and led to the creation of modern states. For the environment, local cultures and existing states, there was a downside that is, by now, evident. Creating more civilized versions of the Anglo-American corporation is already happening. Employee-owned enterprises, benefit corporations, two-board Aktiengesellschaften and co-ops are just a few responses to calls to tame, or at least housebreak, the Beast.
 Bartlett, Bruce, “’Starve the Beast’ – Origins and Development of a Budgetary Metaphor,” The Independent Review, Dec. 1, 2001, www.independent.org/pdf/tir/tir_tir_12_01_01_bartlett.pdf
 Rev. 13:1-10.
 Hil, Marianne, “Taming the Corporate Beast, Dollars and Sense, July / August 2014, www.dolarsandsense.org/archives/014hill.html
 See, Light, Larry, Taming the Beast: Wall Streets Imperfect Answers to Making Money, Wiley, New York, 2011.
 –, “Taming the Beast,” The Economist, Oct. 9, 2008, http://www.economist.com/node/1237374