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Business Quotes

“Just been talking today out here to all the Senators investigating these stock swindles and overcapitalizations. There has been hundreds of millions lost. There ought to be some form of guardianship for people that buy all this junk. Education won't do it. The buyers are the ones we have educated up till they are just smart enough to fall for everything that comes along.”

“It is no limitation upon property rights or freedom of contract to require that when men receive from government the privilege of doing business under corporate form... they shall do so under absolutely truthful representations... Great corporations exist only because they were created and safeguarded by our institutions; and it is therefore our right and duty to see that they work in harmony with these institutions.”

“For twenty years it had been generally known that an insidious Lobby was maintained in Washington to influence legislation and executive action on behalf of vested interests. ... The lobby was a creature of darkness. It worked behind closed doors and whispered in corners. This ancient industry was one form of invisible government.”

“The more big business talks about something, the less of it there is. For example, it 'values' jobs just at the moment when they disappear; it revels in 'autonomy' when in fact you have to fill out forms in triplicate for the slightest trifle and ask the advice of six people to make insignificant decisions; it harps on 'ethics' while believing in absolutely nothing.”

“Our planning system was dynamite when we first put it in. The thinking was fresh; the form mattered little. It was idea oriented. We then hired a head of planning, and he hired two vice presidents, and then he hired a planner; and the books got thicker, and the printing more sophisticated, and the covers got harder, and the drawings got better.”

“...one of the most inventive forms of creative capitalism involves someone we all know very well. A few years ago, I was sitting in a bar here in Davos with Bono. Late at night, after a few drinks, he was on fire, talking about how we could get a percentage of each purchase from civic-minded companies to help change the world. He kept calling people, waking them up, and handing me the phone to show me the interest.”

“In the business world, unwise men take more that they give. They do not realize that they are breaking the Universal Law which will eventually break them to an equal extent. It may not be balanced in the form of dollars and cents but in the loss of good-will upon which their future business depends.”