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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 MisesThe [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be raised without harm to anybody. They speak of profit without dealing with loss. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities. A profitable enterprise tends to expand; an unprofitable one tends to shrink. The elimination of profit renders production rigid and abolishes the consumer's control.
Ludwig von MisesThink how weird profit margins are: We've got high unemployment and financial crises - and world record profit margins. People think the American market is very cheap. We don't. The market quite incorrectly gives full credit to today's earnings.
Jeremy GranthamProfit 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. WilliamsArt and science coincide insofar as both aim to improve the lives of men and women. The latter normally concerns itself with profit, the former with pleasure. In the coming age, art will fashion our entertainment out of new means of productivity in ways that will simultaneously enhance our profit and maximize our pleasure.
Bertolt BrechtMaking 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 MasonI think right now the jury is out on where and how much profit is available in the consumer electronics industry, because if you look at the current consumer electronics players, the biggest ones on the planet struggle to make profit consistently.
Kevin B. RollinsI don't care if it's five dead cops, a dead black citizen in Minnesota or in Louisiana, there are people trying to profit from it, politically profit from it. It's undeniable. I think it's cheap and I think it's sick. But they are there. And you and I both know who they are.
Rush LimbaughIf we cannot make a profit, that means we are committing a sort of crime against society. We take society's capital, we take their people, we take their materials, yet without a good profit, we are using precious resources that could be better used elsewhere.
Konosuke MatsushitaToday'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 TabriziThe makers of fortunes have a second love of money as a creation of their own, resembling the affection of authors for their own poems, or of parents for their children, besides that natural love of it for the sake of use and profit.
PlatoThe music business looks like, you know, innocent schoolboys compared to the TV business. They care about nothing but profit.
Tom PettyIf 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 BreslinPassion, interest, or caprice, suggested daily motives for the dissolution of marriage; a word, a sign, a message, a letter, the mandate of a freedman, declared the separation; the most tender of human connections was degraded to a transient society of profit or pleasure.
Edward GibbonIf mankind is to profit freely from the small and sporadic crop of the heroically gifted it produces, it will have to cultivate the delicate art of handling ideas. Psychology is now able to tell us with reasonable assurance that the most influential obstacle to freedom of thought and to new ideas is fear; and fear which can with inimitable art disguise itself as caution, or sanity, or reasoned skepticism, or on occasion even as courage.
Wilfred TrotterI think that George Lucas' 'Star Wars' films are fantastic. What he's done, which I admire, is he has taken all the money and profit from those films and poured it into developing digital sound and surround sound, which we are using today.
Peter JacksonProfit doesn't appear as the goal but as a side effect of pursuing motivating principles.
Ted MallochIt is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce.
David RicardoOne animal or plant species may become extinct every hour. All species are doomed to extinction, but man through worldwide development/killing animals for food/profit/using toxic chemicals such as pesticides/industrial wastes, will accelerate the extinction of plants/animals and the result will be a more hostile environment for man.
Erik P. Eckholm[T]he State . . . gives idle capital the power of increase, and, through interest, rent, profit, and taxes, robs industrious labor of its products.
Benjamin TuckerI remember myself, that when I was young, I had sometime the company of one ancient godly minister, who was of weaker parts than many others, but yet did profit me more than most; because he would never in prayer or conference speak of God, or the life to come, but with such marvelous seriousness and reverence, as if he had seen the majesty and glory which he talked of.
Richard BaxterEvery person whose heart is moved by love and compassion, who deeply and sincerely acts for the benefit of others without concern for fame, profit, social position, or recognition expresses the activity of Chenrezig.
Bokar RinpocheIt 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 LawrenceTo take something from a person and keep it for oneself: that is robbery. To take something from one person and then turn it over to another in exchange for as much money as you can get: that is business. Robbery is so much more stupid, since it is satisfied with a single, frequently dangerous profit; whereas in business it can be doubled without danger.
Octave MirbeauThe 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 SawantThe economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.
Milton FriedmanOnline business models are still evolving. New and different products and services pop up every day. This gives rise to supporting products and services. A business can make substantial profit by helping others execute their plans for making money.
Marc OstrofskyThere are two sure ways to fail: never get started and quit before you succeed. Many companies promote the language of risk-taking and innovation but are so concerned with short term profit goals that their culture discourages innovation (trying new things) and abandons promising projects too soon. It shouldn't require exceptional moral courage to try new things and stick with them.
Michael JosephsonI do think - you look at actually what WikiLeaks came out with, most of it was just gossipy interest, except for like this Doug Band memo from a Clinton crony in black and white who explained the Clinton Foundation was a profit center for Bill Clinton and people around him.The Russians didn't make that up, that was all Hillary's [Clinton] vulnerability her own.
Rich LowryWhat is Communism? Communism is the doctrine of the conditions of the liberation of the proletariat. What is the proletariat? The proletariat is that class in society which lives entirely from the sale of its labor and does not draw profit from any kind of capital; whose weal and woe, whose life and death, whose sole existence depends on the demand for labor.
Friedrich EngelsDiscipline brings us effort, sacrifice and suffering. Later it brings us something of an inestimable value: something of which those who live only for pleasure, profit or amusement will always be deprived. This peculiar indefinable joy which one must have felt oneself to understand is the sign with which life marks its moment of triumph.
Alexis CarrelSome 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 JonesThe United States is at a critical juncture in time. Our government is riddled with historic debt, and the limited resources of philanthropic and non-profit efforts cannot meet the scale of social challenges we face with necessary force.
Simon MainwaringBaseball 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 LewisTrue art and true science possess two unmistakable marks: the first, an inward mark, which is this, that the servitor of art and science will fulfil his vocation, not for profit but with self- sacrifice; and the second, an external sign, his productions will be intelligible to all the people whose welfare he has in view.
Leo TolstoyThe 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 PittsLocal brands evoke national pride, are seen as less profit-oriented, and are often formed on deep local insights. But quality worries persist, innovation is questioned, the information can be woefully inadequate, they are sometimes seen to be opaque and their advertising is clearly recognised as not being of a global standard. For local brands, quality, innovation and transparency are critical hills to climb.
Miles YoungAmerica, the land of the free, is turning itself into the land of the free ride. [U.S. airlines] are operating in protected markets. They are hoovering up public funds and they still can't make a profit.
Rod EddingtonAt age nine, I got a paper route. Sixty-six papers had to be delivered to sixty-six families every day. I also had to collect thirty cents a week from each customer. I owed the paper twenty cents per customer per week, and got to keep the rest. When I didn't collect, the balance came out of my profit. My average income was six dollars a week.
Lou HoltzWe have to choose between a global market driven only by calculations of short-term profit, and one which has a human face.
Kofi AnnanLife is divided into three terms - that which was, which is, and which will be. Let us learn from the past to profit by the present, and from the present, to live better in the future.
William WordsworthAll told, these profit levels have put the world's five largest publicly traded oil companies on track to earn more than $100 billion before year's end. Yet, at the same time that Big Oil's bottom line is going up, so are Americans' energy costs.
Allyson SchwartzWhat profit is there in agreeing that universal friendship is good, and talking of the solidarity of the human race as a grand ideal? Unless these thoughts are translated into the world of action, they are useless. The wrong in the world continues to exist just because people only talk of their ideals, and do not strive to put them into practice. If actions took the place of words, the world's misery would very soon be changed into comfort.
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