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Countries were told they had no incentives because of social ownership. The solution was privatization and profit, profit, profit. Privatization would replace inefficient state ownership, and the profit system plus the huge defense cutbacks would let them take existing resources and an increase in consumption. Worries about distribution and competition or even concerns about democratic processes being undermined by excessive concentration of wealth could be addressed later.
Joseph StiglitzThe successful producer of an article sells it for more than it cost him to make, and that's his profit. But the customer buys it only because it is worth more to him than he pays for it, and that's his profit. No one can long make a profit producing anything unless the customer makes a profit using it.
Samuel B. PettengillIncreasingly, I'm inspired by entrepreneurs who run nonprofit organizations that fund themselves, or for-profit organizations that achieve social missions while turning a profit.
Ethan ZuckermanMy understanding from talking to a lot of people in the business has been that it used to be that a newspaper was considered a community service. Now they're being run as profit centers, and they're trying to get pretty high profit margins. As a result, investigative reporting has been seen as a problem.
Craig NewmarkCapitalism may even be identical with the restraint, or at least a rational tempering, of this irrational impulse. But capitalism is identical with the restraint, or at least a rational tempering, of this irrational impulse. But capitalism is identical with the pursuit of profit, and forever renewed profit, by means of continuous, rational, capitalistic enterprise.
Max WeberFor a long time, the for-profit world has told us in the not-for-profit sector to behave more like businesses.
Nancy LublinResearch is subordinated (not to a long-term social benefit) but to an immediate commercial profit. Currently, disease (not health) is one of the major sources of profit for the pharmaceutical industry, and the doctors are willing agents of those profits.
Pierre BosquetThere is no worse material poverty than one that does not allow for earning oneโs bread and deprives one of the dignity of work. Youth unemployment, informality, and the lack of labor rights are not inevitable; they are the result of a previous social option, of an economic system that puts profit above man; if the profit is economic, to put it above humanity or above man, is the effect of a disposable culture that considers the human being in himself as a consumer good, which can be used and then discarded.
Pope FrancisThe scientific world, the materialistic world, the world of commerce, the world of business, the world of individualism, the world of capitalism, world of communism - all these worlds are the old story now. Where we think we exploit nature, we exploit people. Market rules, profit rules, money rules. We work for name, fame, power, money, profit. That's the old story.
Satish KumarThe "non-profit" institution neither supplies goods or services not controls. Its "product" is neither a pair of shoes nor an effective regulation. Its product is a changed human being. The non-profit institutions are human-change agents. Their "product" is a cured patient, a child that learns, a young man or woman grown into a self-respecting adult; a changed human life altogether.
Peter DruckerNow, it is sometimes said that medical care is too important to be left to the market, and that it is immoral to profit from the illnesses of others. I say medical care is too important to be left to the failed central plans of the political class. And as for profiting from providing medical care, we can never be reminded enough that in a free society, a profit is a signal that valuable services are being rendered to people on a voluntary basis.
Llewellyn RockwellOne reason why people find applying the Bible to work so difficult is that the world of Scriptures seems so distant from our modern world today. Many established realities we encounter daily, like non-profit and for-profit corporations, did not exist in the ancient world.
David KimPerhaps my number one rule is: Don't try to make a profit on a bad trade, just try to find the best place to get out.
Linda Bradford RaschkeThe U.S. has the largest prison population in the world: two million people. One out of every eight prisoners in the world is an African American. We are warehousing people as a profit to shareholders or for benefits to communities that get to host federal prisons. It is modern slavery. The whole future of America's black community is at risk. One out of every three young black men in Washington, D.C., is under one arm or the other of the criminal justice system. These are the continuing consequences of slavery.
Randall RobinsonMarriage is a lot of things-an alliance, a sacrament, a comedy, or a mistake; but it is definitely not a partnership because that implies equal gain. And every right-thinking woman knows the profit in matrimony is by all odds hers.
Phyllis McGinleyI basically believe the medical insurance industry should be nonprofit, not profit-making. There is no way a health reform plan will work when it is implemented by an industry that seeks to return money to shareholders instead of using that money to provide health care.
Dianne FeinsteinIf a man, for private profit, tears at the public news, does so with the impatience of one who thinks he actually owns the news you get, it is against the national interest.
Jimmy BreslinWhat corporations fear is the phenomenon now known, rather inelegantly, as 'commoditization.' What the term means is simply the conversion of the market for a given product into a commodity market, which is characterized by declining prices and profit margins, increasing competition, and lowered barriers to entry.
James SurowieckiThe workers should take over the factories, and shut down Boeing's profit-making machine.
Kshama SawantThere is no philosophy which is not founded upon knowledge of the phenomena, but to get any profit from this knowledge it is absolutely necessary to be a mathematician.
Daniel BernoulliUniversity, as institutions, pre-date the information economy by many centuries and are not for-profit cultural entities, whose reason of existence (purportedly) is to discover truth, codify it through techniques of scholarship, and then teach it. Universities are meant to pass the torch of civilization not just download data into student skulls.
Bruce SterlingWhile the soul is in mortal sin, nothing can profit it; none of its good works merit an eternal reward, since they do not proceed from God as their first principle, and by Him alone is our virtue real virtue.
Teresa of AvilaThe most potentially transformative impact of social media is its ability to encourage brands to marry profit and purpose. The reason brands participate is that such outreach earns those companies social currency enabling them to start or participate in conversations that connect them to consumers in meaningful ways.
Simon MainwaringTis the good reader that makes the good book; in every book he finds passages which seem confidences or asides hidden from all else and unmistakenly meant for his ear; the profit of books is according to the sensibility of the reader; the profoundest thought or passion sleeps as in a mine, until it is discovered by an equal mind and heart.
Ralph Waldo Emerson... these are the two factors that lead to the destruction of our environment: money and time-or to say it another way, greed and haste. The question is, or seems to be, are we going to have an immediate profit and an immediate saving of time, or are we going to do what we really should do as God's children?
Francis SchaefferAt Patagonia, making a profit is not the goal because the Zen master would say profits happen 'when you do everything else right'.
Yvon ChouinardThe for-profit health insurance industry is the main obstacle to delivering high quality, universal healthcare for all. It should be replaced with a single-payer system, a public program that guarantees everyone coverage.
Kshama SawantIf there is excitement in their lives, it is contained in the figures on the profit and loss sheet. What an indictment.
Anita RoddickAlthough NFL teams have common interests such as promoting the NFL brand, they are still separate, profit-making entities, and their interests in licensing team trademarks are not necessarily aligned
John Paul StevensCapitalism and the thirst for profit without limits of the capitalist system are destroying the planet...Climate change has placed all humankind before a great choice: to continue in the ways of capitalism and death, or to start down the path of harmony with nature and respect for life.
Evo MoralesModern man is alienated from himself, from his fellow men, and from nature. He has been transformed into a commodity, experiences his life forces as an investment which must bring him the maximum profit obtainable under existing market conditions.
Erich FrommOne of the things that I realize is that if you look at big business, I mean, they - and what they fund and what they do, they don't really - they don't fund the small non-profit community-based organizations that really are out there on the front lines helping people. They fund the big philanthropies. They're safe.
Rick SantorumMiners produce the bullion. If there is going to be more demand for gold from investors and central banks, where is the gold going to come from? They have to dig it out of the ground and sell it. As the price of gold goes higher, their profit margins increase. So if you are very bullish like I am and think there is going to be a big increase in gold, it's a huge opportunity for miners.
Peter SchiffWe must rapidly begin the shift from a "thing-oriented" society to a "person-oriented" society. When machines and computers, profit motives and property rights are considered more important than people, the giant triplets of racism, materialism, and militarism are incapable of being conquered.
Martin Luther King, Jr.Just give us 50 years where we're the only ones who are allowed to profit from art, and then you can do whoever you want. In fact, I'll buy you the paint. Whatever you want. Just give us 50 years. 50 years. That's it.
Hari KondaboluThe ultimate cause of the October Crisis was the ideological embrace of Milton Friedman's warped but still dominant view that "the only social responsibility of business is to make a profit for its shareholders," and until that socially and economically counterproductive - and empirically, legally and ethically inaccurate - view is corrected, we will continue to have the increasing and more intense crises of global capitalism that we have seen recur with ever greater frequency over the past forty years. Sadly but clearly, the lessons have still not been learned.
Chip PittsThe mind should be accustomed to make wise reflections, and draw curious conclusions as it goes along; the habitude of which made Pliny the Younger affirm that he never read book so bad but he drew some profit from it.
Laurence SterneEven though I'm a hype man myself, I like the practicality of it all. People who understand how to turn a profit. At the end of the day, this is still business so I'm looking for real practical knowledge of how to actually make money, not necessarily raise it.
Gary Vaynerchuk