Andrew Young: Productive Profit
on Monday, February 24, 2020Andrew Young Money Quote saying Profits should be justifiable and improve the human condition. Andrew Young said:
“Profits should be for a purpose. Profits should be productive. You should make money for producing benefits that make the world a better place. Making money is a good thing when it is made in service to humanity or the democracy” — Andrew Young
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This quote from Andrew Young is discussing the purpose and role of profits in business and the economy. He suggests that profits are best when they are used for a higher purpose beyond just making money, such as when a business uses its profits productively to create benefits for humanity or society.
Young argues that profits are good when a company’s activities and products make the world a better place, and when business is conducted in a way that serves all people and strengthens democracy.
Overall, the quote conveys that profits are most ethical and valuable when they are tied to positively impacting people and communities rather than just accumulating wealth for its own sake.