Popular quotes about Profit! Wisdom and inspiration are here! | page 48
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 MisesCountries 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 StiglitzPerhaps the most extraordinary characteristic of current America is the attempt to reduce life to buying and selling. Life is not love unless love is sex and bought and sold. Life is not knowledge save knowledge of technique, of science for destruction. Life is not beauty except beauty for sale. Life is not art unless its price is high and it is sold for profit. All life is production for profit, and for what is profit but for buying and selling again?
W. E. B. Du BoisWhen individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting.
Hans F. SennholzThere can be no freedom of the individual, no democracy, without the capital system, the profit system, the private enterprise system. These are, in the end, inseparable. Those who would destroy freedom have only first to destroy the hope of gain, the profit of enterprise and risk-taking, the hope of accumulating capital, the hope to save something for one's old age and for one's children. For a community of men without property, and without the hope of getting it by honest effort, is a community of slaves of a despotic State.
Russell Cornell LeffingwellVain is the word of a philosopher which does not heal any suffering of man. For just as there is no profit in medicine if it does not expel the diseases of the body, so there is no profit in philosophy either, if it does not expel the suffering of the mind.
EpicurusProduction for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.
Immanuel WallersteinTruly visionary and successful companies have discovered that there is no conflict between the pursuit of profit and having a pursuit beyond profit.
David MaisterI don't run a non-profit. There are lots of non-profits in America - in Detroit, parts of Wall Street, etc. I run a not for profit. We're a business. The only difference is that instead of selling soap or sneakers, we sell hope and leadership.
Nancy LublinI also don't think all of the revenue will come from digital subscriptions. We have in the New York Times a mix of revenue sources and it will continue to be a mix for quite a while. What makes me more nervous is that we built this newsroom on a really high profit margin that has eroded significantly over the last years. I'm nervous that we won't continue to have the profit margins that allow us to have a big, robust newsroom.
Dean BaquetThere are very few new things in this world, very few. That's why people that are young, if they're smart, try to profit from the experience of an older guy so they won't have to go through all the pain and suffering. But a certain amount of pain and suffer is good, because it makes a person think they've learned.
Cus D'AmatoI think the mystery of art lies in this, that artistsโ relationship is essentially with their work โ not with power, not with profit, not with themselves, not even with their audience.
Ursula K. Le GuinThe 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 RobinsonI want the largest audience I can get, because that's how I can charge the highest advertising rate. Which means what else do I want? Money. I am trying to earn a profit. It's capitalism.
Rush LimbaughThe 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 ChurchillIf 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 Gibbon'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 HelprinIf 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 TrotterWe 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 PallottaHuman nature is such that people are born with a love of profit If they follow these inclinations, they will struggle and snatch from each other, and inclinations to defer or yield will die.
XunziDefend the church. Defend the family. Defend the non-profit community. Defend them against a government that wants to weaken them.
Rick SantorumWe've grown from 18% of the profits of the top 25 companies in our industry to 23% of the profits of the top 25 companies in our industry over the last five years. Profits are up over 70%, where the industry profit is up about 35%. Pretty good.
Steve BallmerThe profit motive promotes economic growth by creating better products at cheaper prices.
Mark SkousenOne 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 CundillThey say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market. Where I should have made twenty thousand dollars I made two thousand. That was what conservatism did for me.
Jesse Lauriston LivermoreMoney is an instrumentality of the profit motive and must be issued and backed only by private enterprisers. Economic and political perversities are inescapable while government is admitted to money power. Since all national governments have, up to the present, been money issuing powers we may justly attribute all the economic and political ills of mankind to this single error.
E.C. RiegelI confess my own leisure to be spent entirely in search of adventure, without regard to prudence, profit, self improvement, learning, or any other serious thing.
Aldo LeopoldI worked very hard to try and figure out what I thought and I believed that we were going to succeed and that revolutions would happen globally and we would be a part of that and we would have then not capitalism. We would have values based on human lives, not profit. We would actually transform the kinds of ways people built love and built community. It was a very shocking thing to me, out of the end of the 70s and the beginning of the 80s, to realize that that dream - while I still believed in it - was not going to happen in the way that I had hoped.
Amber HollibaughWhen I look at founders and CEOs like Mark Zuckerberg at Facebook and Brian Chesky at Airbnb and Sebastian Thrun at Udacity, these are companies that are creating extraordinary social good and extraordinary economic and educational empowerment, all within with context of a for-profit model.
Laura Arrillaga-AndreessenNow, the good of business is put above anything else, as corporations have become the new ruling body. Most decisions seem to be made like ones of a medieval king: whatever makes profit while ignoring and repressing the truth about whatever suffering it may cause (like pop music, for that matter).
Julian CasablancasJust remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market - jump from one stock to another, hold a losing position too long, and cut out of a winner too soon, for no reason other than fear of losing profit. Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralised, depressed, despondent, and abandon the market and the chance to make a fortune from what the market has to offer.
Jesse Lauriston LivermoreWithout a unified political climate of opinion, there is little or no political profit in doing the right thing.
William A. DembskiEdX will be a creating a platform which will be open source, not for profit, and a portal for a website where universities will offer their courses. For example, MIT courses will be offered as MITx and Harvard courses as HarvardX.
Anant AgarwalBecause they claim to be concerned with the welfare of whole societies, governments arrogate to themselves the right to pass off as mere abstract profit or loss the human unhappiness that their decisions provoke or their negligence permits. It is a duty of an international citizenship to always bring the testimony of people's suffering to the eyes and ears of governments, sufferings for which it's untrue that they are not responsible. The suffering of men must never be a mere silent residue of policy. It grounds an absolute right to stand up and speak to those who hold power.
Michel FoucaultThe corporation, like the psychopathic personality it resembles, is programmed to exploit others for profit.
Joel BakanIn today's social business marketplace Facebook is one of the best places for nonprofits to be discovered and connect with a larger audience on the basis of shared values. So to get started, a non-profit should launch a Facebook page and invite your existing real world community to connect your cause and their networks.
Simon MainwaringCorporation: An ingenious device for obtaining profit without individual responsibility.
Ambrose BierceThe obsession with economic profit and technical efficiency puts the human rhythms of life at risk.
Pope FrancisWe have to accept that capitalism is coming to an end. We can't provide paid employment for people, all the industries with technology are counter-intuitive to profit, and we have to have a transition to the conceptualist society. The only way to do it fairly is as a social democracy, a radical social democracy, which isn't compromised by neo-liberalism and isn't compromised by the rich, and isn't compromised by hegemonic, authoritarian interests: to have that balance between the government, the private sector, and then the individual citizens again.
Irvine WelshWhere no man thinks himself under any obligation to submit to another, and, instead of co-operating in one great scheme, every one hastens through by-paths to private profit, no great change can suddenly be made; nor is superior knowledge of much effect, where every man resolves to use his own eyes and his own judgment, and every one applauds his own dexterity and diligence, in proportion as he becomes rich sooner than his neighbour.
Samuel JohnsonIncivility is a symptom, not the disease. We've always had partisan conflict in Congress, and we always will. Yet when I worked for a year (1970-71) on the staff of Sen. Ed Muskie of Maine, this was a different place, more collegial, more sensitive to data, more concerned about all of the American people. I think because the for-profit media prizes conflict above cooperation and sound bites above analysis, politicians have learned to adapt to those tendencies. Consequently, our public debates are dumbed down as our problems grow more complex.
Tom Allen