Winston Churchill Political Profits

Posted by admin on Tuesday, March 19, 2013

Winston Churchill Money Quotation saying losing money is a larger problem than the vice of making profit. Winston Churchill said:
 
It is a socialist idea that making profits is a vice; I consider the real vice is making losses Quote
 

“It is a socialist idea that making profits is a vice; I consider the real vice is making losses” — Winston Churchill

 

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Winston Churchill seems to be contrasting the socialist view of profits with his own perspective. He acknowledges that socialists often see earning profits as morally questionable or a vice of capitalism.

However, Churchill argues that the real issue is businesses and individuals making financial losses instead of gains. His view appears to be that profits are natural and even desirable in a free market as they signify economic success, whereas losses represent underperformance or potential failure that should rightfully be avoided if possible.

Overall, Churchill is challenging the socialist critique of profits by asserting that the greater vice from an economic standpoint is businesses and entrepreneurs incurring losses rather than profits.

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