A Quote by George M. Whitesides

Capitalism is a wonderful economic engine, but it assigns little value to long-term projects or societal problems.

George M. Whitesides

Quote Topics

Capitalism Economic Engine Little Long Long-Term Problems Projects Societal Term Value Wonderful

Quote Author

George M. Whitesides
American - Scientist
Born: August 3, 1939

The short-term problems are economic - royalties, unions, irresponsible management. The long-term problems are artistic, and they started 40 years ago with the advent of television and the upgrading of films.

Emanuel Azenberg

In my district, the budget scales back and eliminates several long-term shore protection projects important to the safety and economic security of Long Island.

Tim Bishop

The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.

Paul Saffo

You can build a filter app get people really excited, but the way to keep them is to provide long-term value. Long-term value is, in fact, being its own network.

Kevin Systrom

Britain can choose, as others are, short term fixes and more stimulus. Or we can lead the world with long-term solutions to long-term problems.

George Osborne

Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.

Charles Koch

We don't really look at the stock, you know? Because for us, it's about the long term. And so we're very much focused on long-term shareholder value but not the short-term kind of stuff.

Tim Cook

The constant drive for campaign dollars has distorted decision-making in Washington, DC, to the point where our systems can no longer effectively address complex, long-term problems like the climate crisis. Which brings me to my other major concern - the short-term focus of capitalism. It distorts the allocation of resources and the decision-making processes of companies.

Al Gore

Free market capitalism is far more than economic theory. It is the engine of social mobility-the highway to the American Dream.

George W. Bush

We must remember, elections are short-term efforts. Revolutions are long-term projects.

Ron Paul

In the early 1980s, the government of New Zealand fell into the hands of true believers, globalist believers, and they embraced the theory of inevitability perhaps more completely than anybody else. And it solved in the very short term some of their debt problems, but in the medium- and long-term, it left them in real economic trouble.

John Ralston Saul

Small businesses have long been recognized as the economic engine for job growth, economic stability and preserving neighborhoods across Alabama and the nation.

Kay Ivey

Laissez-faire capitalism, or anarchocapitalism, is simply the economic form of the libertarian ethic. Laissez-faire capitalism encompasses the notion that men should exchange goods and services, without regulation, solely on the basis of value for value. It recognizes charity and communal enterprises as voluntary versions of this same ethic. Such a system would be straight barter, except for the widely felt need for a division of labor in which men, voluntarily, accept value tokens such as cash and credit. Economically, this system is anarchy, and proudly so.

Karl Hess

Early childhood education remains one of the strongest investments we can make in the long-term success of our students and the long-term economic strength of our communities.

Abigail Spanberger

The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.

Al Gore

I learned to focus my energy on high-quality, long-term projects rather than lower-quality projects with quicker payoffs.