“While it must be admitted that the class of rich absentee owners or investors would doubtless be far less interested in industry if the profit motive were eliminated or subordinated, they represent the group that makes the smallest actual contribution to efficiency in industry.”

—  Kirby Page

Property (1935)

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 "While it must be admitted that the class of rich absentee owners or investors would doubtless be far less interested in…" by Kirby Page?
Kirby Page photo
Kirby Page 248
American clergyman 1890–1957

Related quotes

“If adequate motivations could be assured, a far higher degree of efficiency could be maintained in socialized industries”

Kirby Page (1890–1957) American clergyman

Property (1935)
Context: If adequate motivations could be assured, a far higher degree of efficiency could be maintained in socialized industries than in industries operated for private gain.

Henry Gantt photo

“It is becoming perfectly clear that the principles underlying industrial and military efficiency are the same and that a nation, to be efficient in a military sense, must first be efficient industrially”

Henry Gantt (1861–1919) American engineer

Source: Industrial leadership, 1916, p. 936) cited in: P.B. Petersen (1986) "Correspondence from Henry L. Gantt to an old friend reveals new information about Gantt". In: Journal of Management Fall 1986 vol. 12 no. 3 pp. 339-350.

Auguste Rodin photo

“Were this thoroughly understood, industrial art would be entirely revolutionized — industrial art, that barbarous term, an art which concerns itself with commerce and profit.”

Auguste Rodin (1840–1917) French sculptor

Source: Rodin : the man and his art, with leaves from his notebook, 1917, p. 125

“Strife in industry is increasingly becoming a struggle between groups or classes.”

Kirby Page (1890–1957) American clergyman

"The Commercial Motive" ibid.

Thorstein Veblen photo
Frank Bunker Gilbreth, Sr. photo
Daniel McCallum photo

“It is very important, that principal officers should be in full possession of all information necessary to enable them to judge correctly as to the industry and efficiency of subordinates of every grade.”

Daniel McCallum (1815–1878) Canadian engineer and early organizational theorist

Source: Report of the Superintendent of the New York and Erie Railroad to the Stockholders (1856), p. 40-41: Cited in Chandler (1977, p. 103)

Robert Gascoyne-Cecil, 3rd Marquess of Salisbury photo

Related topics