Profit Maximization Quotes

• The concept of profit maximization is, in fact, meaningless.

  Peter Drucker

  Facts, Profit, Concepts

  Peter Drucker (2013). “People and Performance”, p.88, Routledge

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• 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.

  Randal Marlin

  Ethical Questions, Political, Maintenance

  Randal Marlin (2013). “Propaganda and the Ethics of Persuasion - Second Edition”, p.30, Broadview Press

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• 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.

  Muhammad Yunus

  Real, Essence, Two

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• 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."

  Derrick Jensen

  Men, Land, Dimes

  Derrick Jensen (2002). “The Culture of Make Believe”, p.102, Chelsea Green Publishing

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• Profit maximization is the murderous strategy of global corporation hierarchies

  Jean Ziegler

  Hierarchy, Corporations, Strategy

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• My primary early interest was in marketing and my aim was to improve its theories, methods and tools. Early on I pressed companies to adopt a consumer orientation and to be in the value creation business. I didn't pay much attention to the social responsibilities of business until later. Now I am pressing companies to address the triple bottom line: people, the planet, and profits. I found that companies were too much into short term profit maximization and they needed to invest more in sustainability thinking.

  Philip Kotler

  Responsibility, Thinking, People

  Interview With Bob Morris, bobmorris.biz. May 10, 2015.

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• 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.

  Kenneth E. Boulding

  Loss, Perception, Survival

  "Evolutionary economics" by Kenneth Boulding, Beverly Hills, Calif.: Sage Publications, (p. 104), 1981.

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