Profits Quotes - page 8
A democratically governed national fracking fund should be set up, perhaps similar to what Norway and Alaska have. Areas of drilling should be rented to companies through public tender, with or without subsidies, and a rising share of profits beyond a negotiated upper limit should be deposited in the national capital fund.
Guy Standing
In industries where a lot of competitors are selling the same product - mangoes, gasoline, DVD players - price is the easiest way to distinguish yourself. The hope is that if you cut prices enough you can increase your market share, and even your profits. But this works only if your competitors won't, or can't, follow suit.
James Surowiecki
One should know,” he wrote, "that jihad is an advantageous and beneficial institution. Mankind derives benefits from its advantages in various ways, just like rain, the advantages of which are imparted upon both plants, animals and men.” Barelvi promised that if Muslims waged jihad, they would receive "the blessings of heaven,” including "timely downpour of rain, abundant vegetation, growth of profits and trade, absence of calamities and pestilences, growth of wealth and presence of men of learning and perfection.
Syed Ahmad Barelvi
Where such a separation is complete one group of individuals, the security holders and in particular the stockholders, performs the function of risk-takers and suppliers of capital, while a separate group exercises control and ultimate management. In such a case, if profits are to be received only by the security holders, as the traditional logic of property would require, how can they perform both of their traditional economic roles? Are no profits to go to those who exercise control and in whose hands the efficient operation of enterprise ultimately rests? ...Furthermore, if all profits are earmarked for the security holder, where is the inducement for those in control to manage the enterprise efficiently? When none of the profits are to be received by them, why should they exert themselves beyond the amount necessary to maintain a reasonably satisfied group of stockholders.
Adolf A. Berle
Neither perfect knowledge of the past nor complete awareness of the current state of the arts gives sufficient foresight to indicate profitable action. Even for this more restricted objective, the pervasive effects of uncertainty prevent the ascertainment of actions which are supposed to be optimal in achieving profits. Now the consequence of this is that modes of behavior replace optimum equilibrium conditions as guiding rules of action. Therefore, in the following sections two forms of conscious adaptive behavior are emphasized.
Armen Alchian
The natural effect of unfettered market competition is socialism. For a short time the innovator receives a large profit, as a reward for being first to the market. Then, as competitors adopt the innovation, competition drives these profits down to zero and the price gravitates toward the new, lower cost of production made possible by this innovation (that price including, of course, the cost of the producer's maintenance and the amortization of her capital outlays). So in a free market, the cost savings in labor required to produce any given commodity would quickly be socialized in the form of reduced labor cost to purchase it.
Kevin Carson
The characteristic feature of our modern mechanical improvements, is the introduction of self-acting tool machinery. What every mechanical workman has now to do, and what every boy can do, is not to work himself, but to superintend the beautiful labor of the machine. The whole class of workmen that depend exclusively on their skill is now done away with. Formerly I employed four boys to every mechanic. Thanks to these new mechanical combinations, I have reduced the number of grown-up men from 1.500 to 750. The result was a considerable increase in my profits.
James Nasmyth
In order to protect our jobs, our visas, our profits, our chances of receiving good grades, our sanity, we pretend not to see, we sanitise our own perception, filtering out the pain, pretending that it is not here but out there, far away, in Africa, in Russia, a hundred years ago, in an otherness that, by being alien, cleanses our own experience of all negativity.
John Holloway
The principles of Efficiency were first applied to war by Moltke. Result - the conquest of France in seven weeks.
Second, they were applied to manufacturing by Taylor, Emerson, and others. Result - lower costs, higher profits, higher wages, and nearly twice the output.
Third, they were applied to the Ordnance Department of the U. S. Government. Result - the official approval of the Government. (See report by Brigadier General William Crozier, Nov. 2, 1911.)
Herbert N. Casson
It is an easy and patriotic matter for the lawyer, minister, professor, employer, or investor, placed above the arena of competition, to proclaim the equal right of all races to American opportunities; to avow his own willingness to give way should even a better Chinaman, Hindu, or Turk come in to take his place; and to rebuke the racial hatred of those who resist this displacement. His patriotism and world-wide brotherhood cost him and his family nothing, and indeed they add to his profits and leisure.
John R. Commons
In modern industry the managerial groups in many areas rise to a position more significant than that of the owners or the workers. Decision often rests largely in their hands, providing, of course, they are able to point to a generous measure of financial success in their particular enterprise. Wages to the workers, profits to the owners, prices and goods to the consumers--these are allocated in great measure by the managers of the concern and tolerated on the terms just stated.
The managerial group develops also in other social groups as well as in industry. Labor, agriculture, and professional associations tend to set up a strong structure in which the managerial skills and personalities are very prominent. In the ecclesiastical groupings this form of organization has long been evident, not only in the Catholic church but in other creeds and organizations as well.
Charles Edward Merriam
The paralysis you feel right now – the impotent helplessness that washes over you as news of another mass slaughter scrolls across the television screen – isn't real. It's a fiction created and methodically cultivated by the gun lobby, designed to assure that no laws are passed to make America safer, because those laws would cut into their profits...As my colleagues go to sleep tonight, they need to think about whether the political support of the gun industry is worth the blood that flows endlessly onto the floors of American churches, elementary schools, movie theaters, and city streets. Ask yourself – how can you claim that you respect human life while choosing fealty to weapons-makers over support for measures favored by the vast majority of your constituents?
Chris Murphy
