What we need to work on is how to increase productivity. And then everybody will be better off.

Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers. This growing partnership between business and government is a destructive force, undermining not just our economy and our political system, but the very foundations of culture.

I try to build on our management philosophy. I try to understand what the threats and opportunities are for us. Uh, I try to make sure that we're driving innovation and creative destruction hard enough so we're not blindsided, and that our attitude is to, in starting any initiative, any business, is to focus on how we can create value for others, rather than how we maximize profit, because you can make money focusing on, "How do I maximize profit?"

I studied what principles under-laid peace and prosperity and concluded the only way to achieve societal well-being was through a system of economic freedom.

In general, an asset should be sold when it has greater value to a buyer. This happens when a buyer has a complimentary business or capability that would enable them to do more with that business. Many businesses we have exited were not failures, but had simply reached a point in their life cycle where they no longer provided a core capability or served as a platform for growth.

The role of business is to provide products and services that make peoples lives better - while using fewer resources - and to act lawfully and with integrity.

In America, I think we just keep adding, and that's our problem. We almost never subtract. We keep adding these boondoggles, and these violations of the basic principles of equal rights - certain people have more rights than others - it's like "Animal Farm." The pig says that we all have equal rights, but some have more rights than others.