A Quote by Noam Chomsky
The US is to an unusual extent a business-run society, where short-term concerns of profit and market share displace rational planning.
Related Quotes
The U.S. is, to a very unusual extent, a business-run society.
Human decision-making is complex. On our own, our tendency to yield to short-term temptations, and even to addictions, may be too strong for our rational, long-term planning.
Of course we have to make a profit, but we have to make a profit over the long haul, not just the short term, and that means we must keep investing in research and development - it has run consistently about 6 percent of sales at Sony - and in service.
We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face.
I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
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.
The big companies are the private industry. But they're faced with a short-term need to show a profit in short-term.
Business must be run at a profit, else it will die. But when anyone tries to run a business solely for profit, then also the business must die, for it no longer has a reason for existence.
Short-term market and economic prognostication is largely a fool’s errand, we invest according to a strategy that makes the need to rely on short-term market or economic assessments largely irrelevant.
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
What makes the existence and the evolution of society possible is precisely the fact that peaceful cooperation under the social division of labor in the long run best serves the selfish concerns of all individuals. The eminence of the market society is that its whole functioning and operation is the consummation of this principle.
I feel like I run a business although I haven't one. It's planning, planning, and planning.
The fate of the soil system depends on society's willingness to intervene in the market place, and to forego some of the short-term benefits that accrue from 'mining' the soil so that soil quality and fertility can be maintained over the longer term.
Traders can cause short-term volatility. In the long run, the market must revert to a sensible price/earnings multiple.
Long-term planning is often undervalued by our indefinite short-term world.
You cannot do a goal. Long-term planning and goal-setting must therefore be complemented by short-term planning. This kind of planning requires specifying activities. You can do an activity. Activities are steps along the way to a goal. Let's say you desire security. Putting $10.00 in the bank or talking to your stockbroker about your investment plans are activities that will move you toward your goal.
Related Authors
Aung San Suu Kyi Quotes
Burmese
Activist
Bill Ayers Quotes
American
Activist
Edward Snowden Quotes
American
Activist
Elizabeth Cady Stanton Quotes
American
Activist
Emma Goldman Quotes
Russian
Activist
Gloria Steinem Quotes
American
Activist
Jesse Jackson Quotes
American
Activist
Julian Assange Quotes
Australian
Activist
Louis Farrakhan Quotes
American
Activist
Malala Yousafzai Quotes
Pakistani
Activist
Malcolm X Quotes
American
Activist
Michael Moore Quotes
American
Activist
Peace Pilgrim Quotes
American
Activist
Shane Claiborne Quotes
American
Activist
Thomas Paine Quotes
English
Activist
Van Jones Quotes
American
Activist