“Nobody ever said that capitalism guarantees profit.”

—  Andrew Zimbalist

Source: Baseball And Billions - Updated edition - (1992), Chapter 3, Franchise Finances, p. 69.

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 "Nobody ever said that capitalism guarantees profit." by Andrew Zimbalist?
Andrew Zimbalist photo
Andrew Zimbalist 17
American economist 1947

Related quotes

Chris Grayling photo

“Nobody has ever said the negotiation would be straightforward and simple.”

Chris Grayling (1962) British politician

Interviewed on The Andrew Marr Show http://www.bbc.co.uk/programmes/p05k0894 (15 October 2017)
2017

Virginia Woolf photo

“It appeared that nobody ever said a thing they meant, or ever talked of a feeling they felt, but that was what music was for.”

Virginia Woolf book The Voyage Out

Source: The Voyage Out

Daniel J. Bernstein photo

“"I often see people saying 'Nobody has produced an invulnerable software system; therefore, nobody will ever produce an invulnerable software system.'"By the same bogus reasoning, nobody will ever reach Mars; nobody will ever find MD5 collisions; nobody will ever cure cancer; nobody will ever prove the Poincare conjecture; nobody will ever clone a human; nobody will ever build a 1GHz CPU; nobody will ever find SHA-1 collisions; nobody will ever break the sound barrier; etc."”

Daniel J. Bernstein (1971) American mathematician, cryptologist and programmer

15 January 2005
http://groups-beta.google.com/group/sci.crypt/msg/49c4cd60d948032d
On testing

“Capital is said … to fly turbulence and strife, and to be timid, which is very true; but this is very incompletely stating the question. Capital eschews no profit, or very small profit, just as Nature was formerly said to abhor a vacuum. With adequate profit, capital is very bold. A certain 10 per cent. will ensure its employment anywhere; 20 per cent. certain will produce eagerness; 50 per cent., positive audacity; 100 per cent. will make it ready to trample on all human laws; 300 per cent., and there is not a crime at which it will scruple, nor a risk it will not run, even to the chance of its owner being hanged. If turbulence and strife will bring a profit, it will freely encourage both. Smuggling and the slave-trade have amply proved all that is here stated.”

Томас Джозеф Даннинг (1799–1873)
David Davis photo

“Nobody has ever pretended that this will be easy. I have always said that this negotiation will be tough, complex and, at times, confrontational.”

David Davis (1948) British Conservative Party politician and former businessman

During his statement on the progress of EU exit negotiations made in the House of Commons http://hansard.parliament.uk/commons/2017-09-05/debates/A33568F2-9C8A-448C-8042-B6F69D3227E3/EUExitNegotiations (5 September 2017). Previous contradictory statements on the ease of leaving the EU, by his colleagues in government and fellow leave campaigners, include:
The day after we vote to leave we hold all the cards and we can choose the path we want.
Michael Gove http://www.huffingtonpost.co.uk/michael-gove/michael-gove-vote-leave_b_9728548.html (9 April 2016)
There will continue to be free trade, and access to the single market.
Boris Johnson http://www.telegraph.co.uk/news/2016/06/26/i-cannot-stress-too-much-that-britain-is-part-of-europe--and-alw/ (26 June 2016)
Getting out of the EU can be quick and easy – the UK holds most of the cards in any negotiation.
John Redwood http://johnredwoodsdiary.com/2016/07/17/getting-out-of-the-eu-can-be-quick-and-easy-the-uk-holds-most-of-the-cards-in-any-negotiation/ (17 July 2016)
To me, Brexit is easy.
Nigel Farage http://www.bbc.co.uk/news/av/uk-politics-37416831/nigel-farage-outlines-three-easy-outcomes-for-brexit (20 September 2016)
The free trade agreement that we will have to do with the European Union should be one of the easiest in human history.
Liam Fox https://www.theguardian.com/politics/2017/jul/20/liam-fox-uk-eu-trade-deal-after-brexit-easiest-human-history (20 July 2017)
On Brexit

Terence V. Powderly photo

“Men having capital, the product of labor to invest, form themselves into companies or associations and consolidate their capital that they may reap a greater profit from their investments … The men who labor, taking this action of the men of capital as a criterion to go by, have formed themselves into companies or associations that they reap a greater profit from the investment of their capital, which is labor. That capital of the former is the creation of man; that latter as the creation of God, and of the two is entitled to the most consideration, since no capital could exist unless labor created it.”

Terence V. Powderly (1849–1924) American mayor

"The Organization of Labor," http://ebooks.library.cornell.edu/cgi/t/text/pageviewer-idx?c=nora;cc=nora;g=moagrp;xc=1;q1=The%20Organization%20of%20Labor;rgn=full%20text;cite1=Powderly;cite1restrict=author;view=image;seq=0122;idno=nora0135-2;node=nora0135-2%3A2 North American Review, vol. 135, no. 2, whole no. 309 (Aug. 1882), pp. 118–9.

Glenn Greenwald photo

“Nobody needed the US Constitution to guarantee press freedom so that journalists could befriend, amplify and glorify political leaders; the guarantee was necessary so that journalists could do the opposite.”

Glenn Greenwald book No Place to Hide

Picador 2015 edition, p. 230
No Place to Hide (2014)

Ingvar Kamprad photo

“Nobody can guarantee a company or a concept of eternal life, but no one can accuse me of not having tried to.”

Ingvar Kamprad (1926–2018) Entrepreneur

Quoted by Richard Milne in " Ikea’s fiendishly complex construction http://www.ft.com/cms/s/0/b9682882-2d9f-11e2-9988-00144feabdc0.html," Financial Times, November 13, 2012.

Michael Bloomberg photo

“Nobody’s going to go home for a year and come back. Nobody could ever enforce that. Nobody in their right mind would ever try to do it.”

Michael Bloomberg (1942) American businessman and politician, former mayor of New York City

http://www.gothamist.com/2007/05/29/bloombergs_memo.php
Illegal Immigration

Related topics