“In the early 1970s, Milton Friedman argued that corporations should not be socially responsible because they had no mandate to be; they existed to make money, not to be charitable institutions. But in the economy of the 21st century, corporations cannot be socially responsible, if social responsibility is understood to mean sacrificing profits for the sake of some perceived social good. That's because competition has become so much more intense.” IfsShouldMeanSocialBusinessResponsibilityEconomySacrificeCenturyUnderstoodResponsibleInstitutionsCompetitionSakeProfitIntenseMaking MoneyCorporations21st CenturySocial ResponsibilityMandatesCharitableMiltonSocial Good Author:Robert Reich
“A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.” AbleSocialPayEconomySuccessfulSecuritySocial Security Author:Gerhard Schroder
“In an online community, there's this kind of social economy between the community members. Some people have status because they make cool skins or that's a good website that's visited a lot, but there's no real gameplay there.” PeopleKindRealSocialCommunityEconomyMembersSkinsOnlineWebsite Author:Will Wright
“A disordered currency is one of the greatest political evils. It undermines the virtues necessary for the support of the social system, and encourages propensities destructive to its happiness. It wars against industry, frugality, and economy, and it fosters the evil spirits of extravagance and speculation.” WarWisdomPoliticalSpiritEvilPoliticsSocialSupportEconomyVirtueIndustryLiberalismDestructiveCurrencySpeculationExtravagancePropensityFrugalitySocial SystemsEvil SpiritsGreatest Political Book:Speeches in the convention to amend the constitution of Massachusetts ; Speeches in Congress Source: Speeches in the convention to amend the constitution of Massachusetts ; Speeches in Congress
“The only way to stop it [terrorism] is to work with the leaders of Islamic nations to insure that tolerance of other religions is taught again, that their people believe they have fair opportunities to participate in government and the economy, and that the social and cultural conditions that breed hatred are bred out.” PeopleWayBelieveGovernmentOpportunityNationsSocialLeaderEconomyConditionsTaughtFairsHatredTerrorismToleranceIslamic Author:Richard A. Clarke
“Competitiveness is just as much a part of our nature as empathy. The ideal, in my view, is a democratic system with a social market economy, because it takes both tendencies into account.” SocialViewsEconomyEmpathyIdealsAccountsDemocraticTendenciesCompetitivenessMarket Economy Author:Frans de Waal
“There is a clear connection between developing the skills and talents of young people, and our economic success as a province. Initiatives like the Make Your Pitch competition and the Ontario Social Impact Voucher help us nurture the next generation of business leaders. We will continue creating an inviting environment for our next generation of entrepreneurs, ensuring they develop the right skills needed to succeed in a globally competitive economy and build the future of Ontario.” PeopleHelpingYoungNextSocialLeaderEconomyClearEnvironmentGenerationsEconomicTalentNeededSucceedSkillsCreatingConnectionsImpactEntrepreneurCompetitionDevelopingInitiativeNurtureNext GenerationProvincesInvitingBusiness LeadersOntarioVouchersSocial ImpactEconomic SuccessSkills And Talent Author:Brad Duguid
“Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.” MeanDoeIndividualSocialSimpleAnswersEconomyLaborDivisionCooperationFree MarketMarket EconomyDivision Of LaborSocial Division Author:Ludwig von Mises
“While we have put an utmost emphasis on Gross Domestic Products (GDP) as a barometer for the overall economy until now, we have not paid much attention in detecting a level of social welfare. We, as a member of the society, must now take steps to create an index to indicate other critical elements to be focused on in order to restore reliability of world statistics.” WorldOrderSocialLevelsAttentionStepsEconomyProductsMembersElementsPaidCriticalFocusedWelfareStatisticsEmphasisGrossGdpReliabilityBarometerSocial WelfareGross Domestic Product Author:Jose Angel Gurria