As quoted in Gregor Strasser and the Rise of Nazism, Peter D. Stachura, Routledge (2015), pp. 53-54
“There is a definite trend in Italy and Germany to eliminate profit participation and the ownership rights of nonmanaging partners and shareholders.”
Source: 1930s- 1950s, The End of Economic Man (1939), p. 150
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Peter F. Drucker 180
American business consultant 1909–2005Related quotes
Source: 1930s- 1950s, The End of Economic Man (1939), p. 149
“The aim of the anarchist is to eliminate private ownership.”
Anarchy (1959)
Source: Workers Councils (1947), Chapter One, The Task, Section 1.2
Speech to Finchley Conservatives (31 January 1976) http://www.margaretthatcher.org/document/102947
Leader of the Opposition
Context: The Socialists tell us that there are massive profits in a particular industry and they should not go to the shareholders—but that the public should reap the benefits. Benefits? What benefits? When you take into public ownership a profitable industry, the profits soon disappear. The goose that laid the golden eggs goes broody. State geese are not great layers. The steel industry was nationalised some years ago in the public interest—yet the only interest now left to the public is in witnessing the depressing spectacle of their money going down the drain at a rate of a million pounds a day.
1963, Address in the Assembly Hall at the Paulskirche in Frankfurt
The Pension Fund Revolution (1976)
1960s - 1980s
Source: The transformation of corporate control, 1993, p. 15
Source: Theory of Economic Dynamics (1965), Chapter 8, Entrepreneurial Capital and Investment, p. 93