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There has grown up in the minds of certain groups in this country the notion that because a man or corporation has made a profit out of the public for a number of years, the government and the courts are charged with the duty of guaranteeing such profit in the future, even in the face of changing circumstances and contrary public interest. This strange doctrine is not supported by statute nor common law. Neither individuals nor corporations have any right to come into court and ask that the clock of history be stopped, or turned back...
Robert A. HeinleinA few profit - and the many pay. But there is a way to stop it. You can't end it by disarmament conferences. You can't eliminate it by peace parleys at Geneva. Well-meaning but impractical groups can't wipe it out by resolutions. It can be smashed effectively only by taking the profit out of war.
Smedley ButlerMaking 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 love to see honest and honorable men at the helm, men who will not bend their politics to their purses, nor pursue measures by which they may profit, and then profit by their measures.
Thomas JeffersonYou shouldn't be allowed to profit from the illegal proceeds, right? So if you're going to sell narcotics and sell illegal drugs in America, you also cannot profit from that.
Donald TrumpIf 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 MatsushitaSurplus-value and the rate of surplus-value are... the invisible essence to be investigated, whereas the rate of profit and hence the form of surplus-value as profit are visible surface phenomena
Karl MarxBusiness must be run at a profit, else it will die. But when anyone tries to run a business solely for profit, then also the business must die, for it no longer has a reason for existence.
Henry FordThe fact that Trump's refused to divest from his labyrinth of business holdings, the fact that he's continuing to profit from his brand and indeed create all kinds of new opportunities to profit off the presidency is outrageous. The flip side is that he's left out a lot of levers through which to pressure him. You know, the reason you want a president to divest from his business holdings is that foreign governments can try to exert pressure on him by becoming customers of these hotels and inflating the value of how much they're willing to pay for a Trump brand.
Naomi KleinThe 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 RobinsonThe 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 ChurchillTeach players the game at an early age and stop treating them like cash cows for everyone to profit off of.
Kobe BryantWe've got to establish a socialistic economic structure that will limit private, profit-oriented businesses.
Jane FondaLetting your customers set your standards is a dangerous game, because the race to the bottom is pretty easy to win. Setting your own standards--and living up to them--is a better way to profit. Not to mention a better way to make your day worth all the effort you put into it." -
Seth GodinOne 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 MungerGenius of AND. Embrace both extremes on a number of dimensions at the same time. Instead of choosing a OR B, figure out how to have A AND B-purpose AND profit, continuity AND change, freedom AND responsibility, etc.
James C. CollinsThe workers should take over the factories, and shut down Boeing's profit-making machine.
Kshama SawantThere are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in an earlier incarnation and which has been sort of the mainstream of economic theories since Adam Smith and David Ricardo. There are all sorts of contractual relations between firms and individuals which do not conform to the simple price theory - profit-sharing schemes and so forth - and the explanation for these suddenly became clear. We now understand why these emerged and that they are based on differences in information in the economy.
Kenneth ArrowHe knows which fighters to steal, how to exploit anyone's vice, vanity or insecurity and make a profit for himself.
Jack Newfield...free enterprise, [is] a term that refers, in practice, to a system of public subsidy and private profit, with massive government intervention in the economy to maintain a welfare state for the rich.
Noam ChomskyTo 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 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 FriedmanWhat would it profit thee to be the first Of echoes, tho thy tongue should live forever, A thing that answers, but hath not a thought As lasting but as senseless as a stone.
Frederick TennysonOne 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 CundillInvest in the millennium. Plant sequoias. Say that your main crop is the forest that you did not plant, that you will not live to harvest. Say that the leaves are harvested when they have rotted into the mold. Call that profit. Prophesy such returns. Put your faith in the two inches of humus that will build under the trees every thousand years.
Wendell BerryIn 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 JeunetI 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'NeillOne 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 SantorumOnce we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our civilization.
John Maynard KeynesYou can profit by disappointment - if it is turned into inspirational dissatisfaction with a positive mental attitude.
W. Clement StoneThere are two kinds of businesses: The first earns 12%, and you can take it out at the end of the year. The second earns 12%, but all the excess cash must be reinvested - there's never any cash. It reminds me of the guy who looks at all of his equipment and says, 'There's all of my profit.' We hate that kind of business.
Charlie MungerIf you suffer [death] in the way of God, it will be your profit in this world, and your reward in the next.
Hassan al-BannaThe whole fabric of our religion is based on superstitious beliefin lies that have been foisted upon us for ages by those directly above us, to whose personal profit and aggrandizement it was to have us continue to believe as they wished us to believe.
Edgar Rice BurroughsI confess that Magic teacheth many superfluous things, and curious prodigies for ostentation; leave them as empty things, yet be not ignorant of their causes. But those things which are for the profit of men -- for the turning away of evil events, for the destroying of sorceries, for the curing of diseases, for the exterminating of phantasms, for the preserving of life, honor, or fortune -- may be done without offense to God or injury to religion, because they are, as profitable, so necessary.
Heinrich Cornelius AgrippaVictory is for them, not for us. We have not made profit out of our country's misfortune. Victory does not bring us luck.
Ba JinRather than the word career, I prefer to discuss how you make a positive I pact on the world. This could mean raising your children, professional activities, non-profit work, or various other actions you take that impact others. I have found that, at all ages, people want to be needed and play a role in impacting the world.
Robert S. KaplanBaseball 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 LewisFor to speak the truth, there are but few that care thus to spend their time, but choose rather to be speaking of things to no profit.
John BunyanThere would not be any profits but for the eagerness of the public to acquire the merchandise offered for sale by the successful entrepreneur. But the same people who scramble for these articles vilify the businessman and call his profit ill-got.
Ludwig von MisesProfit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible
David PackardNo one can sustain rage for long. I am still angry and always will be. My dear son was stolen from me and his family to never return. He was killed for profit and lies. How can I not be angry? Sometimes though, the rage comes back.
Cindy SheehanThe fact that you have government-guaranteed student loans has created a whole new sector in the American economy that didn't really exist before - private for-profit universities that sell junk degrees that don't help the students. They promise the students, "We'll help you get a better job. We'll arrange a loan so that you don't have to pay a penny for this education." Their pet bank gets them the government-guaranteed loan, and the student may get the junk degree, but doesn't get a job, so they don't pay the loan.
Michael Hudson