QuoteProject
Corporation: An ingenious device for obtaining profit without individual responsibility.
Ambrose Bierce
ShareWTF𝕏

Interpretation

What this quote means

The quote critiques corporations as entities that generate profit while shielding individuals from accountability.

Ambrose Bierce's quote highlights the concept of corporations as mechanisms that allow for the accumulation of wealth by a group of people without direct responsibility for the impacts of their actions. This undermines personal accountability and raises ethical questions about the nature of profit and the responsibility associated with it, suggesting that such structures can lead to questionable practices in pursuit of financial gain.

Themes

CorporationProfitResponsibilityAccountabilityEthics

In practice

Example use cases

In a discussion about corporate ethics, this quote can illustrate the potential moral pitfalls of profit-driven organizations.

More from Ambrose Bierce

PALM, n. A species of tree . . . of which the familiar "itching palm" ("Palma hominis") is most widely distributed . . . . This noble vegetable exudes a kind of invisible gum, which may be detected by applying to the bark a piece of gold or silver.
Ambrose BierceRead
Human nature is pretty well balanced; for every lacking virtue there is a rough substitute that will serve at a pinch--as cunning is the wisdom of the unwise, and ferocity the courage of the coward.
Ambrose BierceRead
Indigestion: A disease which the patient and his friends frequently mistake for deep religious conviction and concern for the salvation of mankind. As the simple Red Man of the Western Wild put it, with, it must be confessed, a certain force: 'Plenty well, no pray; big belly ache, heap God.'
Ambrose BierceRead
Disobey n:To celebrate with an appropriate ceremony the maturity of a command
Ambrose BierceRead
NOUMENON, n. That which exists, as distinguished from that which merely seems to exist, the latter being a phenomenon. The noumenon is a bit difficult to locate; it can be apprehended only by a process of reasoning - which is a phenomenon.
Ambrose BierceRead
PARDON, v. To remit a penalty and restore to the life of crime. To add to the lure of crime the temptation of ingratitude.
Ambrose BierceRead

Similar quotes

There does, in fact, appear to be a plan.
Albert EinsteinRead
Where man had been, in every place he left, garbage remained. Even in his pursuit of the ultimate truth and quest for his God, he produced garbage. By his garbage, which lay stratum upon stratum, he could always - one had only to dig - be known. For more long-lived than man is his refuse. Garbage alone lives after him.
Gunter GrassRead
Good order results spontaneously when things are let alone
ZhuangziRead
He asked if i wouldn't like to live completely without problems, say in greece maybe, nice climate, everything provided? i say: "when we find out what we are actually doing and who we actually are, that is the point of living...it may be only a few seconds...a few seconds of significant actions, out of a lifetime.
William S. BurroughsRead
Colinialism hardly ever exploits the whole of a country. It contents itself with bringing to light the natrual resources, which it extracts, and exports to meet the needs of the mother country's industries, thereby allowing certain sectors of the colony to become relatively rich. But the rest of the colony follows its path of under-development and poverty, or at all events sinks into it more deeply.
Frantz FanonRead
It's the same with menus and men and just about anything else: we think we're choosing things for ourselves, but in fact we may not be choosing anything. It could be that everthing's being decided in advance and we pretend we're making choices. Free will may be an illusion. I often think that.
Haruki MurakamiRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.