Posts Tagged ‘betterment’

Henry Ford on Betterment of Life

Posted by admin on Thursday, February 7, 2013

Henry Ford Money Quotation saying creation of more cash is of no value to humankind unless that new wealth improves our experience of life. Henry Ford said:
 
The highest use of capital is not to make more money, but to make money do more for the betterment of life Quote
 

“The highest use of capital is not to make more money, but to make money do more for the betterment of life” — Henry Ford

 

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This quote from Henry Ford suggests that the most important role of capital and business is not maximizing profits, but rather using financial resources to enhance people’s lives and better society overall.

Ford appears to believe that money and economic activity should aim to create value beyond just accumulating wealth for its own sake.

The quote promotes the idea that capital has the power to positively impact humanity by improving living standards, working conditions, innovation, community development and more.

Overall, Ford seems to argue that business should see its higher purpose as applying capital to better people’s circumstances, not solely focusing on profit-seeking.

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