There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.

For new technology to replace old, it has to have at least ten times the benefit.

I'm better about things than about people. I'm more interested in people, but I'm better at ideas.

Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential.

It does not matter whether the worker wants responsibility or not, ...The enterprise must demand it of him.

Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.

Society, community, family are all conserving institutions. They try to maintain stability and to prevent, or at least slow down, change. But the organization of the post-capitalist society of organizations is a destabilizer. Because its function is to put knowledge to work - on tools, processes, and products; on work; on knowledge itself - it must be organized for constant change.