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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 StiglitzFor 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 MillsAnd these [pharmaceutical] companies are still threatening to sue. And it's like, you know, do you not have a conscience? Do you not want the world to be a better place? You're still making a profit. How much more of a profit do you want to make?
Elton JohnThe failure and the success both believe in their hearts that they have accurately balanced points of view, the success because he's succeeded, and the failure because he's failed. The successful man tells his son to profit by his father's good fortune, and the failure tells his son to profit by his father's mistakes.
F. Scott FitzgeraldFor what will it profit men that a more prudent distribution and use of riches make it possible for them to gain even the whole world, if thereby they suffer the loss of their own souls? What will it profit to teach them sound principles in economics, if they permit themselves to be so swept away by selfishness, by unbridled and sordid greed, that hearing the commandments of the Lord, they do all things contrary.
Pope Pius XICapitalism 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 WeberProfit margins are probably the most mean-reverting series in finance, and if profit margins do not mean-revert, then something has gone badly wrong with capitalism. If high profits do not attract competition, there is something wrong with the system and it is not functioning properly.
Jeremy GranthamI did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.
Jesse Lauriston LivermoreProduction 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 WallersteinThe UN is but a long-range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One-World revolutionaries, hungry for profit and power.
Curtis Bean DallOne 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 KimSometimes earning awards doesn't matter as much as earning revenue or profit, or having a good response from the audience. No matter how many awards you win, if you can't earn any profit from your movie, if the audience doesn't like it, then it doesn't matter how many awards you get.
Stephen ChowWe believe this approach (progress sharing) is a rational approach because you cooperate in creating the abundance that makes the progress possible, and then you share that progress after the fact, and not before the fact. Profit sharing would resolve the conflict between management apprehensions and worker expectations on the basis of solid economic facts as they materialize rather than on the basis of speculation as to what the future might hold.
Walter ReutherHappiness is not an individual matter. When you are able to bring relief, or bring back the smile to one person, not only that person profits, but you also profit.
Nhat HanhIf 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 TrotterWhat 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 JanklowThere isn't any question that Hollywood is profit driven. Anybody that thinks it isn't is a fool. It's a business. Hollywood was never philanthropy. The only purpose it had was making money; the only purpose it still has is to make money.
Sydney PollackWhat does it profit a 78-year-old woman to sit around the pool in a bikini if she cannot feed herself?
Erma BombeckOne 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. EckholmWal-Mart, with its legendary focus on customer value in terms of price, is innovating in sustainability. Now, we're beginning to see the mirror image, a convergence, as the not-for-profit sector is beginning to serve more effectively by applying private sector accountability and efficiencies to social needs. This reflects a rising recognition that to serve others best requires more than good intentions; it mandates a focus on real-world results. Bill Gates and Warren Buffett are among the most conspicuous advocates and representatives of this transformation.
James M StrockMorally a woman has a right to the free and entire development of every faculty which God has given her to be improved and used to His honor. Socially she has a right to the protection of equal laws; the right to labor with her hands the thing that is good; to select the kind of labor which is in harmony with her condition and her powers; to exist, if need be, by her labor, or to profit others by it if she choose. These are her rights, not more nor less than the rights of the man.
Anna Brownell JamesonI believe that it is the responsibility of everyone in corporate life to help with the funding of non-profit organizations.
Frederick Lenz...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 ChomskyMarkets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention, and I wouldn't underestimate the value of that. But they're not designed to take care of social needs.
George SorosCapitalism 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 MoralesNo one who is in business for profit can foist his or her beliefs on a workforce that includes many people who do not share those beliefs.
Ruth Bader GinsburgThe big companies are the private industry. But they're faced with a short-term need to show a profit in short-term.
Buzz AldrinIn 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'NeillRemember the people you address are selfish, as we all are. They care nothing about your interests or profit. They seek service for themselves
Claude C. HopkinsMiners 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 SchiffChristians are supposed not merely to endure change, nor even to profit by it, but to cause it.
Harry Emerson FosdickI think wealthy conservatives are busy investing in profit and job creation and enterprise, and wealthy liberals, many of them either from the media industry themselves or from - they recognize the value of communications and are more ready to put money into a less profitable enterprise, namely the media.
Karl RoveI left Xerox for the non-profit sector because it was clear to me that only public/private partnerships can pull off a turnaround plan at the scale we need to tackle global poverty.
Anne M. MulcahyFor 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 BunyanProfit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible
David PackardWhy is pot against the law? It wouldn't be because anyone can grow it, and therefore you can't make a profit off it, would it?
Bill HicksThe 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 principal axiom in their theory was: Everything can be proved, and everything can be disproved; and in the process, one must profit as much from the folly of others, and from his own superiority, as he can.
Moses MendelssohnWise men profit more from fools than fools from wise men; for the wise men shun the mistakes of fools, but fools do not imitate the successes of the wise.
Cato the Elder