Economic Purpose Quotes

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.

The primary purpose of organized society is to enable everybody to get a living.

The highest use of capital is not to make more money, but to make money do more for the betterment of life.

I do not believe making money in order to consume goods is mankind's sole purpose on this planet.

Society is the offspring of leisure; and to acquire this forms the only rational motive for accumulating wealth, notwithstanding the cant that prevails on the subject of labor.

Profit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible

My belief is that the purpose of economic life is to meet the social needs of people.

I believe God knew what he was doing when he put oil under our ground. It should be a means to an end.

Economics is extremely useful as a form of employment for economists.

Over and over, the economy has determined the extent of our response, but how much value does it place on breathable air, drinkable water, edible food and stable weather and climate? Surely the economy is the means to a better future, not an end in itself. Surely it must be subordinate to a rich, diverse ecosphere that sustains all life.

Consumption is the sole end and purpose of all production.

Profits should be for a purpose. Profits should be productive. You should make money for producing benefits that make the world a better place. Making money is a good thing when it is made in service to humanity or the democracy.

I agree with Dreher when he writes, 'we can't build anything good unless we live by the belief that man does not exist to serve the economy, but the economy exists to serve man...A society built on consumerism must break down eventually for the same reason socialism did'

Wealth is the means, and people are the ends. All our material riches will avail us little if we do not use them to expand the opportunities of our people.

It is time for corporate America to become 'the third pillar' of social change in our society, complementing the first two pillars of government and philanthropy. We need the entire private sector to begin committing itself not just to making profits, but to fulfilling higher and larger purposes by contributing to building a better world.

We need an economics fit for purpose in a finite and entropic world.

This is true only because the purposes and objectives of the Committee for Industrial Organization find economic, social, political and moral justification in the hearts of the millions who are its members and the millions more who support it.

Since the purpose of business is to satisfy existing desires, or stimulate new ones, if everyone were genuinely happy, there would be no need for business any longer.

Man was not made for the service of economies; economies were made to serve mankind; and men and women were made - so we believe - to serve one another, not just ourselves.

The economy is designed to serve the individual.

The historical American purpose of the economy in a republican nation is to produce republican citizens.

The economy is at the service of man, not the other way around.

Even if the crises that are looming up are overcome and a new run of prosperity lies ahead, deeper problems will still remain. Modern capitalism has no purpose except to keep the show going.

The life of money-making is one undertaken under compulsion, and wealth is evidently not the good we are seeking; for it is merely useful and for the sake of something else.

Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.