Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.

The best business in the world is a well run oil company. The second best business in the world is a badly run oil company.

I don't want a nation of thinkers, I want a nation of workers

If my name were John D Smith IV I wouldn't have been elected to anything.

I believe in the dignity of labor, whether with head or hand; that the world owes no man a living but that it owes every man an opportunity to make a living.

The best philanthropy is constantly in search of the finalities-a search for a cause, an attempt to cure evils at their source.

If your only goal is to become rich, you will never achieve it.