Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior.
Interpretation
Capitalism thrives on the potential for failure, which encourages careful decision-making and responsibility.
This quote highlights the importance of failure in a capitalist system, suggesting that the existence of risks, such as bankruptcies and losses, fosters a mindset focused on prudent behavior. Just as religion often emphasizes the concept of sin to guide moral behavior, the potential for economic failure serves a similar purpose in ensuring that entrepreneurs and businesses act wisely and cautiously.
In practice
In a business seminar discussing the importance of learning from mistakes.
Jesus Christ does not teach us a spirituality “of closed eyes”, but one of “alertness”, one which entails an absolute duty to take notice of the needs of others and of situations involving those whom the Gospel tells us are our neighbours. The gaze of Jesus, what “his eyes” teach us, leads to human closeness, solidarity, giving time, sharing our gifts and even our material goods.
I believe that the unity of mind and body is an objective reality. They are not just parts somehow related to each other, but an inseparable whole while functioning. A brain without a body could not think.
It may seem bizarre, but in my opinion science offers a surer path to God than religion.
And so it is they who, between them, give me all the reasons for believing in none.
As soon as men live entirely in accord with the law of love natural to their hearts and now revealed to them, which excludes all resistance by violence, and therefore hold aloof from all participation in violence - as soon as this happens, not only will hundreds be unable to enslave millions, but not even millions will be able to enslave a single individual.
The good man's past begins to change so that his forgiven sins and remembered sorrows take on the quality of Heaven.
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