Quotes about profit
page 10

“Only that man… who is deluded, who is desirous of acquiring profits, who has neither deliberated upon his own religion, nor looked at the defects in Christianity, would become a Christian.”

John Muir (indologist) (1810–1882) Scottish Sanskrit scholar and Indologist

MataparIkshottara of Harachandra, from his reply to John Muirs Matapariksha, Cited by R.F. Young and quoted from Goel, S. R. (2016). History of Hindu-Christian encounters, AD 304 to 1996. Chapter 10. ISBN 9788185990354 https://web.archive.org/web/20120501043412/http://voiceofdharma.org/books/hhce/
About John Muirs Matapariksha

Harry V. Jaffa photo
Étienne Bonnot de Condillac photo

“It is not true that on an exchange of commodities we give value for value. On the contrary, each of the two contracting parties in every case, gives a less for a greater value. … If we really exchanged equal values, neither party could make a profit. And yet, they both gain, or ought to gain. Why? The value of a thing consists solely in its relation to our wants. What is more to the one is less to the other, and vice versa.”

Étienne Bonnot de Condillac (1714–1780) French academic

… It is not to be assumed that we offer for sale articles required for our own consumption. … We wish to part with a useless thing, in order to get one that we need; we want to give less for more. … It was natural to think that, in an exchange, value was given for value, whenever each of the articles exchanged was of equal value with the same quantity of gold. … But there is another point to be considered in our calculation. The question is, whether we both exchange something superfluous for something necessary.
Le Commerce et le Gouvernement (1776), as quoted in Marx's Capital, Vol. I, Ch. 5.

Indra Nooyi photo

“Nui is a different kind of CEO. He says her approach boils down to balancing the profit motive by making healthier snacks (in speech to the food industry, she pushed the group to tackle obesity), striving for a net zero impact on the environment and taking care of your workforce. She was one of the first executives to realize that the health and green movements were just not fads and she demanded true innovation.”

Indra Nooyi (1955) Indian-born, naturalized American, business executive

Quoted in[. Lussier, Robert N, Achua, Christopher F., Leadership: Theory, Application, & Skill Development: Theory, Application, & Skill Development, http://books.google.com/books?id=7ctnVNMtBQgC&pg=PA151, 1 February 2009, Cengage Learning, 978-0-324-59655-7, 151–]

Adrian Slywotzky photo

“The number one problem in business today is profitability.”

Adrian Slywotzky (1951) American economist

Where will you be allowed to make a profit in your industry? Where is the profit zone today? Where will it be tomorrow?
Source: The Profit Zone (2007), p. 3.

Paul Newman photo
Guy Debord photo
Jon Postel photo
Ted Cruz photo
Bernie Sanders photo
Lauren Ornelas photo

“Whether we’re talking about human or nonhuman animals, the abuses in our food system are similar—living beings are treated as commodities for profit.”

Lauren Ornelas American activist

"ACE Interviews: Lauren Ornelas" https://animalcharityevaluators.org/blog/ace-interviews-lauren-ornelas/ by Erika Alonso, AnimalCharityEvaluators.org (July 13, 2017).

Noam Chomsky photo
Richard D. Wolff photo

“Now, do you think workers would vote to unequally redistribute profits? Of course not. They would vote for equitable distribution.”

Richard D. Wolff (1942) American economist

Global Capitalism Monthly Update (12 March 2014)

Richard D. Wolff photo
Richard D. Wolff photo
Richard D. Wolff photo

“A worker-coop based economy—where workers democratically run enterprises, deciding what, how and where to produce, and what to do with any profits—could, and likely would, put social needs and goals (like proper preparation for pandemics) ahead of profits. Workers are the majority in all capitalist societies; their interests are those of the majority. Employers are always a small minority; theirs are the "special interests" of that minority. Capitalism gives that minority the position, profits and power to determine how the society as a whole lives or dies. That's why all employees now wonder and worry about how long our jobs, incomes, homes and bank accounts will last—if we still have them. A minority (employers) decides all those questions and excludes the majority (employees) from making those decisions, even though that majority must live with their results. Of course, the top priority now is to put public health and safety first. To that end, employees across the country are now thinking about refusing to obey orders to work in unsafe job conditions. U.S. capitalism has thus placed a general strike on today's social agenda. A close second priority is to learn from capitalism's failure in the face of the pandemic. We must not suffer such a dangerous and unnecessary social breakdown again. Thus system change is now also moving onto today's social agenda.”

Richard D. Wolff (1942) American economist

COVID-19 and the Failures of Capitalism (2020)

Richard D. Wolff photo
Richard D. Wolff photo
Richard D. Wolff photo
Richard D. Wolff photo
Benjamin Creme photo
Wendell Berry photo
Wendell Berry photo
Jacques Delors photo

“Socialism was not the socialization of losses and the privatization of profits.”

Jacques Delors (1925) French economist and politician

Speech (26 June 1981), quoted in The Times (27 June 1981), p. 17
French Minister of Finance

I. A. Richards photo

“The chief lesson to be learnt from it is the futility of all argumentation that precedes understanding. We cannot profitably attack any opinion until we have discovered what it expresses as well as what it states.”

I. A. Richards (1893–1979) English literary critic and rhetorician

[Richards, I. A., Principles of Literary Criticism, 1924]
Principles of Literary Criticism

Apuleius photo

“Darkness will be preferred to light, and death will be thought more profitable than life; no one will raise his eyes to heaven.”

Apuleius (125–170) Berber prose writer in Latin

The Prophecy of Hermes Trismegistus

“…every day I’m convinced that if one is firmly planted in his own world, the work necessarily appeals to a greater number of people. In that sense, I want to profit from my Caribbean self and incorporate it into my literature, hoping to give testimony to who and what I am…”

Luis Rafael Sánchez (1936) Puerto Rican playwright and novelist

On the lack of ubiquity regarding Puerto Rican writings in “Luis Rafael Sánchez: Counterpoints" https://ufdc.ufl.edu/UF00096005/00024/14j (Sargasso, 1984)

Walter Reuther photo

“We have to reassert the sovereignty of people above profits in America.”

Walter Reuther (1907–1970) Labor union leader

Opening address of the twelfth constitutional convention of the UAW, Milwaukee, Wisconsin, July 10, 1949, as quoted in Walter P Reuther: Selected Papers (1961), by Henry M. Christman, p. 43
1940s, Opening address of the twelfth constitutional convention of the UAW (1949)

Milton Friedman photo

“I have been impressed time and again by the schizophrenic character of many businessmen. They are capable of being extremely far‐sighted and clear‐headed in matters that are internal to their businesses. They are incredibly short sighted and muddle‐headed in mat ters [sic!] that are outside their businesses but affect the possible survival of business in general. This short sightedness is strikingly exemplified in the calls from many businessmen for wage and price guidelines or controls or incomes policies. There is nothing that could do more in a brief period to destroy a market system and replace it by a centrally controlled system than effective governmental control of prices and wages. The short‐sightedness is also exemplified in speeches by business men on social responsibility. This may gain them kudos in the short run. But it helps to strengthen the already too prevalent view that the ptirsuit [sic!] of profits is wicked and im moral [sic!] and must be curbed and controlled by external forces. Once this view is adopted, the external forces that curb the market will not be the social consciences, however highly developed, of the pontificating executives; it will be the iron fist of Government bureaucrats. Here, as with price and wage controls, business men seem to me to reveal a suicidal impulse.”

Milton Friedman (1912–2006) American economist, statistician, and writer

“A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits” (Sept. 1970)

Milton Friedman photo
Milton Friedman photo
Winston S. Churchill photo

“I know that it is the Socialist idea that making profits is a vice, and that making large profits is something of which a man ought to be ashamed. I hold the other view. I consider that the real vice is making losses.”

Winston S. Churchill (1874–1965) Prime Minister of the United Kingdom

House of Commons, 1 June 1937. Hansard, Vol 324, Col 883 https://api.parliament.uk/historic-hansard/commons/1937/jun/01/finance-bill.
The 1930s

Harry Gordon Selfridge photo
Harry Gordon Selfridge photo

“[T]he artist sells the work of his brush and in this he is a merchant. The writer sells to any who will buy, let his ideas be what they will. The teacher sells his knowledge of books—often in too low a market—to those who would have this knowledge passed on to the young.
The doctor... too is a merchant. His stock-in-trade is his intimate knowledge of the physical man and his skill to prevent or remove disabilities. ...The lawyer sometimes knows the laws of the land and sometimes does not, but he sells his legal language, often accompanied by common sense, to the multitude who have not yet learned that a contentious nature may squander quite as successfully as the spendthrift. The statesman sells his knowledge of men and affairs, and the spoken or written exposition of his principles of Government; and he receives in return the satisfaction of doing what he can for his nation, and occasionally wins as well a niche in its temple of fame.
The man possessing many lands, he especially would be a merchant... and sell, but his is a merchandise which too often nowadays waits in vain for the buyer. The preacher, the lecturer, the actor, the estate agent, the farmer, the employé, all, all are merchants, all have something to dispose of at a profit to themselves, and the dignity of the business is decided by the manner in which they conduct the sale.”

Harry Gordon Selfridge (1858–1947) America born English businessman

The Romance of Commerce (1918), Concerning Commerce

Dorothy Thompson photo
John F. Kennedy photo
John F. Kennedy photo
John F. Kennedy photo

“The new tax bill should improve both the equity and the simplicity of our present tax system. This means the enactment of long-needed tax reforms, a broadening of the tax base and the elimination or modification of many special tax privileges. These steps are not only needed to recover lost revenue and thus make possible a larger cut in present rates; they are also tied directly to our goal of greater growth. For the present patchwork of special provisions and preferences lightens the tax load of some only at the cost of placing a heavier burden on others. It distorts economic judgments and channels an undue amount of energy into efforts to avoid tax liabilities. It makes certain types of less productive activity more profitable than other more valuable undertakings. All this inhibits our growth and efficiency, as well as considerably complicating the work of both the taxpayer and the Internal Revenue Service. These various exclusions and concessions have been justified in part as a means of overcoming oppressively high rates in the upper brackets--and a sharp reduction in those rates, accompanied by base-broadening, loophole-closing measures, would properly make the new rates not only lower but also more widely applicable. Surely this is more equitable on both counts.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

Farhad Manjoo photo

“iPhone is the most profitable product in the history of business, but more than a decade after its debut, pretty much everyone on the planet who can afford one already has one ...”

Farhad Manjoo (1978) American journalist

Source: The Incredible Shrinking Apple http://nytimes.com/2019/04/03/opinion/apple-steve-jobs.html in The New York Times (3 April 2019)

Benito Mussolini photo

“No one knows better than I with forty years' political experience that policy--particularly a revolutionary policy--has its tactical requirements. I recognised the Soviets in 1924. In 1934, I signed with them a treaty of commerce and friendship. I, therefore, understood that, especially as Ribbentrop's forecast about the non-intervention of Britain and France has not come off, you are obliged to avoid the second front [with Russia]. You have had to pay for this in that Russia has, without striking a blow, been the great profiteer of the war in Poland and the Baltic. But I, who was born a revolutionary and have not modified my revolutionary mentality, tell you that you cannot permanently sacrifice the principles of your revolution to the tactical requirements of a given moment... I have also the definite duty to add that a further step in the relations with Moscow would have catastrophic repercussions in Italy, where the unanimity of anti-Bolshevik feeling is absolute, granite-hard, and unbreakable. Permit me to think that this will not happen. The solution of your Lebensraum is in Russia, and nowhere else... The day when we shall have demolished Bolshevism we shall have kept faith with both our revolutions. Then it will be the turn of the great democracies, who will not be able to survive the cancer which gnaws them...”

Benito Mussolini (1883–1945) Duce and President of the Council of Ministers of Italy. Leader of the National Fascist Party and subsequen…

1930s
Source: Letter to Hitler, quoted in Winston Churchill's The Gathering Storm

Sufyan al-Thawri photo

“For the people of the world sleep is more profitable than to keep awake, for then they keep off worldly discourses during sleep.”

Sufyan al-Thawri (716–778) Muslim Scholar and founder of Thawri Madhhab

Source: The Sayings and Teachings of the Great Mystics of Islam (2004), p. 29

“The rising prices and scarcity of some articles of food shows that there is no control of profits.”

Timothy Quill (1901–1960) Early Dáil member, cooperative organiser, agriculturalist

Irish Press (1941)
By Quill:, 1940s

Alexandria Ocasio-Cortez photo
J. Howard Moore photo
Mary Ruwart photo

“We are more likely to protect the environment when we own a piece of it and profit by nurturing it.”

Mary Ruwart (1949) American scientist and libertarian activist

Gary Chartier & Charles W. Johnson, edit., Markets Not Capitalism: Individualist Anarchism against Bosses, Inequality, Corporate Power and Structural Poverty, New York and London, Minor Compositions/Autonomedia, (2011), Chap. 46 “Aggression and the Environment,” p. 405

David Cay Johnston photo
Richard Crossman photo
Michelle Obama photo

“Here is the secret: I have been at probably every powerful table that you can think of — I have worked at non-profits, I have been at foundations, I have worked in corporations, served on corporate boards, I have been at G-summits, I have sat in at the UN — they are not that smart.”

Michelle Obama (1964) lawyer, writer, wife of Barack Obama and former First Lady of the United States

Interview with Chimamanda Ngozi Adichie (3 December 2018) https://www.bbc.com/news/uk-46434147
2010s

Yang Yuanqing photo

“We want to transform ourselves from a PC market-share leader into a PC-plus innovation leader. This will ensure we have sustained growth, profitability, and the strong foundation to build a great global company that can last for generations.”

Yang Yuanqing (1964) Chinese businessman

Thriving in a ‘PC-plus’ world: An interview with Lenovo CEO Yang Yuanqing https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/thriving-in-a-pc-plus-world# in McKinsey & Company (1 June 2013)

Hanoi Hannah photo

“Isn't it clear that the war makers are gambling with your lives, while pocketing huge profits?”

Hanoi Hannah (1931–2016) Vietnamese radio personality

At a 1967 broadcast directed to U.S. troops, as quoted in "'Hanoi Hannah,' Whose Broadcasts Taunted And Entertained American GIs, Dies" in NPR (6 October 2016) https://www.npr.org/sections/thetwo-way/2016/10/05/496662815/hanoi-hannah-whose-broadcasts-taunted-and-entertained-american-gis-dies-at-87
During Vietnam War

Isaac Asimov photo

“Private profit is often hidden under a careful coating of great patriotism.”

Isaac Asimov (1920–1992) American writer and professor of biochemistry at Boston University, known for his works of science fiction …

The Roman Republic (1966), p. 128
General sources

Hugh Gaitskell photo

“So long as production is left to the uncontrolled decisions of private individuals, conducted, guided and inspired by the motive of profit, so long will Poverty, Insecurity and Injustice continue.”

Hugh Gaitskell (1906–1963) British politician

'Why I Am a Socialist', South Leeds Worker (December 1937), quoted in Philip Williams, Hugh Gaitskell: A Political Biography (1979), p. 68

Charles Coughlin photo

“We maintain that it is not only the prerogative but it is also the duty of the government to limit the amount of profits acquired by any industry.”

Charles Coughlin (1891–1979) Catholic priest, radio commentator

“Share the Profits with Labor” speech (Dec. 2, 1934) p. 52
A Series of Lectures on Social Justice, 1935

“Warriors have an ulterior purpose for their acts, which has nothing to do with personal gain. The average man acts only if there is the chance for profit. Warriors act not for profit, but for the spirit.”

Source: The Wheel of Time: Shamans of Ancient Mexico, Their Thoughts About Life, Death and the Universe], (1998), Quotations from "The Power of Silence" (Chapter 18)

“Except not a moment of peace from love of self,
except no lofty position from lack of will.
Worldliness brings no profit –
Become insignificant, seek no increase.”

Sarmad Kashani (1590–1661) Persian mystic, poet and saint

Source: Sarmad, Martyr to Love Divine, p. 241 (2005)

Angela Davis photo
Tania Raymonde photo

“I find it very scary that people try to profit off of things like genetically manipulating things. For what? There’s a fine line between progress and cruelty. If you change something in nature can you ever really go back and have we already crossed that line?”

Tania Raymonde (1988) American actress

Source: An In Interview With ‘Deep Blue Sea 3’ Star Tania Raymonde https://horrorfuel.com/2020/07/31/an-in-interview-with-deep-blue-sea-3-star-tania-raymonde/ (July 31, 2020)

Marcus Aurelius photo
Scott Adams photo

“[M]andatory public education in this country … was useful in creating not only a harmless electorate and a servile labor force but also a virtual herd of mindless consumers. In time a great number of industrial titans came to recognize the enormous profits to be had by cultivating and tending such a herd via public education.”

John Taylor Gatto (1935–2018) American teacher, book author

Weapons of Mass Instruction: A Schoolteacher's Journey Through the Dark World of Compulsory Schooling (2008)
Source: Weapons of Mass Instruction: A Schoolteacher's Journey Through the Dark World of Compulsory Schooling, New Society Publishers (2013) pp. xix-xx

Paul Nitze photo

“The business of business is profits.”

Theodore Levitt (1925–2006) American economist and professor at Harvard Business School

Source: The Dangers of Social Responsibility (Levitt, 1958).

Edward Bellamy photo
Edward Bellamy photo
Aristotle photo