A Quote by Peter Drucker

The concept of profit maximization is, in fact, meaningless. — © Peter Drucker
The concept of profit maximization is, in fact, meaningless.
Profit maximization is the murderous strategy of global corporation hierarchies
We live in a time when complex ethical questions are easily subordinated to the demands of efficiency, profit maximization, and maintenance or furthering of political power.
The antidote to inequality is equality. The question is how do you achieve equality? I believe that, for business, which is where I can speak, we have to shift from shareholder maximization to stakeholder maximization.
One of the things that gets confused often is the difference between marriage and good marriage. Marriage is a theoretical concept of the institution, and 'you should be married,' is actually meaningless. Marriage is pretty meaningless without the notion of having a specific person to whom you are married.
The essence of capitalism is expressed in two of its basic features: a) profit maximization and b) market competition. In their abstract formulations none of them was supposed to have anything conspiratorial against the poor. But in real life they turn out to be the "killers" of the poor - by making rich the richer and poor the poorer.
The perception of potential threats to survival may be much more important in determining behavior than the perceptions of potential profits, so that profit maximization is not really the driving force. It is fear of loss rather than hope of gain that limits our behavior.
If there's no game, isn't winning a pretty meaningless concept?
Without goals the very concept of intelligence is meaningless
Your writers write these pieces about meaningless startups, meaningless apps and meaningless companies.
I thought that, given the system of rewards central to our economic system, in which profit maximization is valued above all else and specifically above life, it is probably just as irresistible to the owners of capital (human or otherwise) to exploit workers (and the land): "Nothing personal," they say as they load their property onto the ship bound for the Middle Passage, "but a man's gotta turn a dime."
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.
The whole concept of treating people with dignity and respect is a concept that isn't a business concept, it's a life concept. It's who you are at the end of the day.
Perhaps profit isn't everything, but nothing works without profit. Profit is the basis for independent journalism.
They're out there, this appalling idea that there are companies that profit - not just profit but profit enormously - through war.
Our conviction that the world is meaningless is due in part to the fact (discussed in a later paragraph) that the philosophy of meaningless lends itself very effectively to furthering the ends of political and erotic passion; in part to a genuine intellectual error - the error of identifying the world of science, a world from which all meaning has deliberately been excluded, with ultimate reality.
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.
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