Posts Tagged ‘profit’
Next Page »Bernard M. Baruch: Turning a Profit
on Saturday, April 22, 2023Meaning of Bernard M. Baruch Money Quote: saying turning a profit of any amount is the sure way not to lose money. Bernard M. Baruch said:
“I never lost money by turning a profit” — Bernard M. Baruch
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Chris Hedges: With Common Good
on Tuesday, January 24, 2023Meaning of Chris Hedges Money Quote: saying Corporate goals are purely focused on gain and plunder at expense of people. Chris Hedges said:
“We have to grasp, as Marx and Adam Smith did, that corporations are not concerned with the common good. They exploit, pollute, impoverish, repress, kill, and lie to make money. They throw poor people out of homes, let the uninsured die, wage useless wars for profit, poison and pollute the ecosystem, slash social assistance programs, gut public education, trash the global economy, plunder the U.S. Treasury and crush all popular movements that seek justice for working men and women. They worship money and power” — Chris Hedges
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John Rogers: Banks Create Money
on Saturday, December 24, 2022Meaning of John Rogers Money Quote: saying A Bank is a profit-making business that operates in the interest of shareholders. John Rogers said:
“Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a profit” — John Rogers
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David Packard: Profit Stockholders
on Saturday, August 13, 2022Meaning of David Packard Money Quote: saying a business has to do more than to be profitable – it owes employees a debt. David Packard said:
“A company has a responsibility beyond making a profit for stockholders; it has a responsibility to recognize the dignity of its employees as human beings, to the well-being of its customers, and to the community at large” — David Packard
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Lewis Lapham: Acquires Meaning
on Monday, July 11, 2022Lewis Lapham Money Quote saying Money acquires it’s meaning from the uses to which it is put – for good or ill. Lewis Lapham said:
“Money votes socialist or monarchist, finds a profit in pornography or translations from the Bible, commissions Rembrandt and underwrites the technology of Auschwitz. It acquires its meaning from the uses to which it is put” — Lewis Lapham
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Robert Reich: Driving Inflation
on Thursday, June 23, 2022Meaning of Robert Reich Money Quote: saying businesses are profiteering by masking price increases under inflationary pressures. Robert Reich said:
“Let’s be clear: inflation is being driven in large part by monopolies that are driving up prices for the sake of profit” — Robert Reich
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In this quote, Robert Reich is attributing a major cause of current inflation to monopolistic practices by large corporations. He argues that inflation is being driven to a large extent by monopolies that are deliberately raising prices, not due to increased costs or demand pressures, but rather for the sole purpose of boosting their own profits.
Reich is suggesting that with monopolistic control over certain markets, some companies are taking advantage of their power and lack of competition to charge higher prices that are unjustified by economic fundamentals. This behavior of profit-seeking through inflationary price hikes, according to Reich, is a core reason why inflation levels are so high.
In essence, the quote is accusing monopolies of exploiting their market dominance to fuel inflation and inflate profits, rather than inflation being purely the result of normal supply/demand dynamics in competitive markets. Reich sees monopolistic price gouging as a major factor driving up inflation.
Noam Chomsky: Capitalism Private
on Monday, December 6, 2021Noam Chomsky Money Quote saying Capitalism values profits and devalues costs and risks by making them socialist. Noam Chomsky said:
“A basic principal of modern state capitalism is that costs and risks are socialized to the extent possible, while profit is privatized” — Noam Chomsky
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Leviticus 25: Not Lend Money Usury
on Sunday, November 28, 2021Leviticus 25 Money Quote saying don’t be usurious or attempt to profit from the misfortune of others in poverty or hunger. Leviticus 25 said:
“If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you. Take no usury or interest from him; but fear your God, that your brother may live with you. You shall not lend him your money for usury, nor lend him your food at a profit” — Leviticus 25
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