With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.
Jim StanfordRelated topics
business capture central company different having management place play role running success profitsRelated quotes
A tax cut means higher family income and higher business profits and a balanced federal budget.... As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.
John F. Kennedy
We have to prepare for what life could become in 40 years. We need to outline what is possible and what is impossible with the non-renewable resources of the Earth. What role will technological improvement play? Taking all this into account, what kind of life can we produce in the best way for 10 billion people? That's a problem that needs to be solved.
Jacques-Yves Cousteau
The intellectual's ... playfulness, in its various manifestations, is likely to seem to most men a perverse luxury; in the United States the play of the mind is perhaps the only form of play that is not looked upon with the most tender indulgence. His piety is likely to seem nettlesome, if not actually dangerous. And neither quality is considered to contribute very much to the practical business of life.
Richard Hofstadter
Industrial production, the flow of resources in the economy, the exertion of military effort in a war theater-all are complexes of numerous interrelated activities. Differences may exist in the goals to be achieved, the particular processes involved, and the magnitude of effort. Nevertheless, it is possible to abstract the underlying essential similarities in the management of these seemingly disparate systems.
George Dantzig
The life of God - the life which the mind apprehends and enjoys as it rises to the absolute unity of all things - may be described as a play of love with itself; but this idea sinks to an edifying truism, or even to a platitude, when it does not embrace in it the earnestness, the pain, the patience, and labor, involved in the negative aspect of things.
Georg Wilhelm Friedrich Hegel
