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Quote by Frank Stronach

“Why would you pour a foundation, buy machines, hire employees, if you can make as much money buying bonds?”

Quote by Frank Stronach

Author

Frank Stronach is an Austrian-born businessman renowned for his successful investments in the automotive and entertainment industries. Born on September 6, 1932, he is the founder or significant shareholder of several well-known companies, including the automotive manufacturer Magna International and the entertainment company MGM. Stronach is respected for his business acumen and pursuit of innovation. more

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Book:The Albert Einstein Collection: Essays in Humanism, The Theory of Relativity, and The World As I See It

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“Technological society leads to increasing numbers of people who cannot adapt to the inhuman rhythm of modern life with its emphasis on specialization. A class of people is growing up who are unexploitable because they are not worth employing even for the minimum wage. Technological progress makes whole categories of people useless without making it possible to support them with the wealth produced by the progress.”

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