“Let's bear in mind that the chances to multiply wealth are unlimited. All people can become rich. There is an error in our understandings - that all people cannot become equally rich. Wealth can not exist where the people are busy with mutual cheating, have no time for creating values and wealth. It is remarkable that we can find the greatest number of wealthy tradesmen and a population on a high standard of living in countries with a high level of business morality. On the other hand, we can find poor tradesmen and entrepreneurs and an impoverished population in countries with a low standard of business morality. This is natural because these people concentrate on cheating one another instead of trying to create value.
We are granting you the profit share not because we feel a need to give money to the people just out of the goodness of the heart. No, we are aiming at other goals by this step. By this measure we want to reach a further decrease of production costs. We want to reach the situation that the shoes are cheaper and workers earn even more. We think that our products are still too expensive and worker's salary too low.”

— Tomáš Baťa

Attributed to Tomáš Baťa in: Rybka, Zdeněk. Principles of the Bata Management System. Tomas Bata University, Faculty of Management and Economics, 2013.
Attributed to Tomas Bata

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Let's bear in mind that the chances to multiply wealth are unlimited. All people can become rich. There is an error in …" by Tomáš Baťa?

Tomáš Baťa 7

Czech businessman 1876–1932

Related quotes

“The rich people are those who create wealth, and you have to treat them well so they continue to give wealth.”

Augusto Pinochet (1915–2006) Former dictator of the republic of Chile

Speech (26 May 1988), quoted in "Las frases para el bronce de Pinochet."
1980s

“Many individuals are capable of creating wealth but are excluded from the job market by minimum wage and licensing laws. Much poverty can be alleviated by allowing people to create wealth at whatever level they can and ‘work their way up.’”

Mary Ruwart (1949) American scientist and libertarian activist

Source: Healing Our World: The Other Piece of the Puzzle, (1993), p. 147

“The question of what we can do to give purpose or meaning to our lives has been debated for thousands of years by philosophers and common men. Yet today we seem, if anything, further from the answer than before. Despite our great material wealth and high standard of living, people are groping for something that money cannot buy.”

Hyman George Rickover (1900–1986) United States admiral

As Walter Lippman said: "Our life, though it is full of things, is empty of the kind of purpose and effort that gives to life its flavor and meaning.
Thoughts on Man's Purpose in Life (1974)