QuoteProject
If we cannot make a profit, that means we are committing a sort of crime against society. We take society's capital, we take their people, we take their materials, yet without a good profit, we are using precious resources that could be better used elsewhere.
Konosuke Matsushita
ShareWTF𝕏

Interpretation

What this quote means

Profit is essential for ethical business as it ensures resources are used efficiently for societal benefit.

This quote by Konosuke Matsushita emphasizes the ethical responsibility of businesses to generate profit. It suggests that a lack of profit can be seen as a misuse of societal resources, as companies utilize capital, labor, and materials that could be allocated more effectively if the business is not sustainable or profitable. Thus, profit is not just a goal but a moral imperative for ensuring that resources serve the greater good.

Themes

ProfitSocietyResourcesEthicsBusiness

In practice

Example use cases

During a business meeting to emphasize the importance of profitability for sustainability.

More from Konosuke Matsushita

No matter how deep a study you make. What you really have to rely on is your own intuition and when it comes down to it, you really don't know what's going to happen until you do it.
Konosuke MatsushitaRead
The main purpose of production is to manufacture items of good quality for daily use in abundant supply, thereby enhancing and improving the life for everyone and it is this goal that I am dedicated.
Konosuke MatsushitaRead

Similar quotes

No one's death comes to pass without making some impression, and those close to the deceased inherit part of the liberated soul and become richer in their humanness.
Hermann BrochRead
One time he was asked if he believed in an afterlife. After a moment's hesitation he said no, that he thought there was only "some kind of velvety cool blackness," adding then: "Of course, I admit I may be wrong. It is conceivable that I might well be reborn as a Chinese coolie. In such case I should lodge a protest."
Winston ChurchillRead
I believe that a guarantee of public access to government information is indispensable in the long run for any democratic society.... if officials make public only what they want citizens to know, then publicity becomes a sham and accountability meaningless.
Sissela BokRead
The suspicious mind believes more than it doubts. It believes in a formidable and ineradicable evil lurking in every person.
Eric HofferRead
[The Pope] will make the king believe that three are only one, that the bread he eats is not bread... and a thousand other things of the same kind.
Baron De MontesquieuRead
We both believe, and disbelieve a hundred times an hour, which keeps believing nimble.
Emily DickinsonRead

A little wisdom, now and then

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