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Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.
Ludwig von MisesFor the corporation executives, the military metaphysic often coincides with their interest in a stable and planned flow of profit; it enables them to have their risk underwritten by public money; it enables them reasonably to expect that they can exploit for private profit now and later, the risky research developments paid for by public money. It is, in brief, a mask of the subsidized capitalism from which they extract profit and upon which their power is based.
C. Wright MillsProfit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources.
Walter E. WilliamsMaking a profit is no more the purpose of a corporation than getting enough to eat is the purpose of life. Getting enough to eat is a requirement of life; life's purpose, one would hope, is somewhat broader and more challenging. Likewise with business and profit.
Kenneth MasonEducation is not for profit. If you're not in education for profit, it's not going to be a fair critique for education.
Noam ChomskyYou can see it in terms of the obsession on Wall Street with not just profits but greed, more profit, more profit.
Cornel WestThe profit orientation is only one orientation of a person. The same people who are interested in profit-making are also selfless. I am not saying that capitalist theory is wrong. I am saying that it has not been interpreted and practiced fully.
Muhammad YunusEpicurus says, "gratitude is a virtue that has commonly profit annexed to it." And where is the virtue that has not? But still the virtue is to be valued for itself, and not for the profit that attends it.
Seneca the YoungerToday's consumers are eager to become loyal fans of companies that respect purposeful capitalism. They are not opposed to companies making a profit; indeed, they may even be investors in these companies - but at the core, they want more empathic, enlightened corporations that seek a balance between profit and purpose.
Simon MainwaringWhat does it profit you that all the libraries of the world should be yours? Not knowledge but what one does with knowledge is your profit.
Saib TabriziBetween the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies. Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory.
Ha-Joon ChangAs readers, we have gone from learning a precious craft whose secret was held by a jealous few, to taking for granted a skin that has become subordinate to principles of mindless financial profit or mechanical efficiency, a skill for which governments care almost nothing.
Alberto ManguelEither for profit or for political malevolent reasons, people are polluting the otherwise wonderful democratizing agent called the internet, with all kinds of things that are not trustworthy. And people are confused.
Edward GreensponThe substance of the eminent Socialist gentlemen's speech is that making a profit is a sin. It is my belief that the real sin is taking a loss!
Winston ChurchillJudge yourself and beware of passing judgement on others. In judging others we expend our energy to no purpose; we are often mistaken and easily sin. But if we judge ourselves our labour is always to our profit.
Thomas a KempisThe industry is littered with self-styled purists who believe the business of media.. the requirement to make a profit.. somehow corrupts the craft.
Lachlan Murdoch'Freeing' a literary work into the public domain is less a public benefit than a transfer of wealth from the families of American writers to the executives and stockholders of various businesses who will continue to profit from, for example, 'The Garden Party,' while the descendants of Katherine Mansfield will not.
Mark HelprinWhat did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give themselves a profit, and that saved the bank.
Bill JanklowWe aren't upset when Paramount makes a $200 million movie that flops, but if a charity experiments with a $5 million fundraising event that fails, we call in the attorneys. So charities are petrified of trying bold new revenue-generating endeavors and can't develop the powerful learning curves the for-profit sector can.
Dan PallottaWe have to grasp, as Marx and Adam Smith did, that corporations are not concerned with the common good. They exploit, pollute, impoverish, repress, kill, and lie to make money. They throw poor people out of homes, let the uninsured die, wage useless wars for profit, poison and pollute the ecosystem, slash social assistance programs, gut public education, trash the global economy, plunder the U.S. Treasury and crush all popular movements that seek justice for working men and women. They worship money and power.
Chris HedgesOne metric catches people. We prefer businesses that drown in cash. An example of a different business is construction equipment. You work hard all year and there is your profit sitting in the yard. We avoid businesses like that. We prefer those that can write us a check at the end of the year.
Charlie MungerWhat 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 SurowieckiIf a stock doesnโt act right donโt touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit.
Edwin LefevreIf Vancouver did not succeed as Starbucks from '87 on, our entire international business, which is now thousands of stores and a significant amount of growth and profit, may not have existed.
Howard Schultz[T]he State . . . gives idle capital the power of increase, and, through interest, rent, profit, and taxes, robs industrious labor of its products.
Benjamin TuckerSpecial-interest publications should realize that if they are attracting enough advertising and readers to make a profit, the interest is not so special.
Fran LebowitzIt is a sexual violation. Itโs disgusting. The law needs to be changed, and we need to change. Thatโs why these Web sites are responsible. Just the fact that somebody can be sexually exploited and violated, and the first thought that crosses somebodyโs mind is to make a profit from it. Itโs so beyond me. I just canโt imagine being that detached from humanity. I canโt imagine being that thoughtless and careless and so empty inside.
Jennifer LawrenceWhen business leaders ask me what they can do for Indiana, I always reply: 'Make money. Go make money. That's the first act of corporate citizenship. If you do that, you'll have to hire someone else, and you'll have enough profit to help one of those non-profits we're so proud of.'
Mitch DanielsFurthermore, what profit was it to me that I, rascally slave of selfish ambitions that I was, read and understood by myself as many books as I could get concerning the so-called liberal arts?...I had turned my back to the light and my face to the things it illuminated, and so no light played upon my own face, or on the eyes that perceived them.
Saint AugustinePythagoras used to say that life resembles the Olympic Games: a few people strain their muscles to carry off a prize; others bring trinkets to sell to the crowd for gain; and some there are, and not the worst, who seek no other profit than to look at the show and see how and why everything is done; spectators of the life of other people in order to judge and regulate their own.
Michel de MontaigneBetween calculated risk and reckless decision-making lies the dividing line between profit and loss.
Charles DuhiggMy chief time for reading is at night while brushing my hair before I go to bed, and as you may suppose, but little profit and pleasure can be derived from such mere sips at the well of knowledge. 'Tis a great privation to me, for my desire for information increases instead of diminishing, and I look forward with great anxiety to the time when I can improve my poor neglected mind and learn some of the few exhaustless store of things which I wish to know.
Fanny KembleThe purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
Michael PorterOne of the dangers about net-net investing is that if you buy a net-net that begins to lose money your net-net goes down and your capacity to be able to make a profit becomes less secure. So the trick is not necessarily to predict what the earnings are going to be but to have a clear conviction that the company isn't going bust and that your margin of safety will remain intact over time.
Peter CundillWhat men have called friendship is only a social arrangement, a mutual adjustment of interests, an interchange of services given and received; it is, in sum, simply a business from which those involved propose to derive a steady profit for their own self-love.
Francois de La RochefoucauldIn Hollywood everything is formatted, everything is compulsory, so therefore we have to follow the law of benefits and profit and money, let us say the law of Hollywood.
Jean-Pierre JeunetHuman development is a form of chronological unfairness, since late-comers are able to profit by the labors of their predecessors without paying the same price.
Alexander HerzenI had a ludicrous childhood, but I feel that I was able to profit from a lot of the idiotic and unfortunate things that happened to me by turning them into fiction.
Heather O'NeillSome day the workers will take possession of your city hall, and when we do, no child will be sacrificed on the altar of profit!
Mother JonesYou can trace a through-line from the eighties to the present, and in retrospect Trump was always one of the minor avatars of a certain business model, all through that time. One based on branding, celebrity, and exploiting certain quirks of media form for fun and profit. In some ways he is not all that exceptional.
McKenzie WarkProfit by the little trials that come to you, for through them we make real progress.
Rose Philippine DuchesneBaseball has so much history and tradition. You can respect it, or you can exploit it for profit, but it's still being made all over the place, all the time.
Michael Lewis