Synonyms for Profit motive:

Famous quotes with Profit motive

• Turning corporations loose and letting the profit motive run amok is not a prescription for a more livable world.

  Tom Scholz
• The profit motive and the competitive struggle are more productive and less destructive on the frontier than in the city. Maldistribution of income becomes more devastating with increasing complexity and interdependence.

  Kirby Page
• The profit motive should not be confused with the profit system. By the profit system, of course, we mean the institution of private property in capital goods and the free private enterprise that goes along with it. There is no reason why the "profit motive" should be necessarily connected with the profit system. In a profit system there is nothing to prevent anyone acting on altruistic lines; there is no law that says a businessman must maximize his profits. If a businessman chose to operate with outputs, prices, and wages that yielded him a smaller profit than the maximum, but which he felt were socially more desirable, there is nothing in the profit system that would prevent him from doing this. Nothing in the profit system would prevent the most ardent liberal from refusing an increase in wages, or from accepting an unpleasant and poorly paid job. At the other extreme, there is nothing in a communist system that would do away with the profit motive, or the "advantage motive."

  Kenneth Boulding
• The gospel of St. Matthew told of the angry Jesus driving the merchants and money-changers out of the temple, knocking over the tables of the money-changers and spilling their coins on the floor. Jesus was not opposed to capitalism and the profit motive, so long as economic activities were carried on outside the temple. In the parable of the talents, he praises the servant who used his master's money to make a profitable investment, and condemns the servant who was too timid to invest. But he draws a clear line at the temple door. Inside the temple, the ground belongs to God and profit-making must stop.

  Freeman Dyson
• But in spite of the shortcomings of his analysis, Marx had raised some basic questions. I was deeply concerned from my early teen days about the gulf between superfluous wealth and abject poverty, and my reading of Marx made me ever more conscious of this gulf. Although modern American capitalism had greatly reduced the gap through social reforms, there was still need for a better distribution of wealth. Moreover, Marx had revealed the danger of the profit motive as the sole basis of an economic system: capitalism is always in danger of inspiring men to be more concerned about making a living than making a life. We are prone to judge success by the index of our salaries or the size of our automobiles, rather than by the quality of our service and relationship to humanity -- thus capitalism can lead to a practical materialism that is as pernicious as the materialism taught by communism.

  Karl Marx

Related words & questions

Related words: economic motive, profit motive definition, what is a profit motive, what does the profit motive mean, does a profit motive exist, economic needs and their corresponding motives, profit motive of an individual, profit motive of an organization

Related questions:

Why do people have a profit motive?

How do people make a profit motive?

How is a profit motive used?

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