A Quote by Felix Rohatyn
I am a capitalist and I believe in making a profit.
Quote Topics
Quote Author
Related Quotes
The profit orientation is only one orientation of a person. The same people who are interested in profit-making are also selfless. I am not saying that capitalist theory is wrong. I am saying that it has not been interpreted and practiced fully.
There can be no profit in the making or selling of things to be destroyed in war. Men may think that they have such profit, but in the end the profit will turn out to be a loss.
The path the capitalist revolution will take faces in exactly the opposite direction from that taken by the communist revolution. It seeks to diffuse the private ownership of capital instead of abolishing it entirely. It seeks to make all men capitalists instead of preventing anyone from being a capitalist by making the State the only capitalist.
I actually am a capitalist, and I believe in shareholders. But I believe in them as a result of what I do, not as a reason for what I'm doing. The same with profits - profits alone cannot be an objective. It has to have a purpose.
Production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.
Many entrepreneurs embrace profit-making and charitable purposes. Companies such as shoes seller Toms and eyeglass firm Warby Parker sell products at a profit with a pledge to devote part of their earnings to the needy. The number of for-profit businesses with a built-in charitable dimension has proliferated.
I was brought up a working-class Tory. I believe, to be a true socialist, you have to be a capitalist first. In my heart, I'm a socialist; in my mind, I'm a capitalist.
I am uneasy about having scientific exploration depend on profit-making companies.
In speaking of the capitalists who strive only for profit, only to get rich, I do not want to say that these are the most worthless people capable of doing nothing else. Many of them undoubtedly possess great organising talent, which I would not dream of denying. We Soviet people learn a lot from the capitalists. But if you mean people who are prepared to reconstruct the world, of course you will not be able to find them in the ranks of those who faithfully serve the cause of profit. ..The capitalist is riveted in profit and nothing can tear him away from it.
Sometimes I doubt and sometimes I believe. And I like not making myself believe when I am doubting, and not making myself doubt when I am believing. Surely neither God nor Accident need my consistency.
The usual reason companies are funded or valued on the stock market for not having a current profit is because the investors believe there will be a future profit.
Am I a capitalist? No. Why would I be a capitalist? I have no capital. Most people have no capital. But to punish the individual for the sins of the system makes no sense. We're responsible for changing it, yes. But we can't actually invent another universe, so we have to start where we are.
Because of my politics, I don't necessarily think that the independent capitalist is that much better than the multinational capitalist; it's just that the independent capitalist hasn't grown as big yet.
I'm not a Communist. I'm an American. I'm a capitalist. I mean, I'm not a very good capitalist, myself. I'm not very good at it, but it's not that I'm not for capitalism. But people who believe in things like corporate citizenship, it's idiotic. I mean, it shows you're an idiot.
Profit is proof that the capitalist has given something to society that it cherishes more than the material wealth it has given to the businessman.
We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman