Companies are not charitable enterprises: They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does.

Quote by Paul A Samuelson

Topics: Company Quotes

Economics has never been a science - and it is even less now than a...

Economics has never been a science - and it is even less now than a...

Self-deception ultimately explains Japan's plight. The Japanese have never accepted that change is in their...

Self-deception ultimately explains Japan's plight. The Japanese have never accepted that change is in their...

Sooner or later the Internet will become profitable. It's an old story played before by...

Sooner or later the Internet will become profitable. It's an old story played before by...

Politicians like to tell people what they want to hear - and what they want...

Politicians like to tell people what they want to hear - and what they want...

The problem is no longer that with every pair of hands that comes into the...

The problem is no longer that with every pair of hands that comes into the...

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

Funeral by funeral, theory advances

Funeral by funeral, theory advances

Going to work for a large company is like getting on a train. Are you...

Going to work for a large company is like getting on a train. Are you...

If GE's strategy of investment in China is wrong, it represents a loss of a...

If GE's strategy of investment in China is wrong, it represents a loss of a...

This is a very exciting time in the world of information. It's not just that...

This is a very exciting time in the world of information. It's not just that...

Every company has two organizational structures: The formal one is written on the charts; the...

Every company has two organizational structures: The formal one is written on the charts; the...

We must start with the reality that corporations cannot guarantee anyone a lifetime job any...

We must start with the reality that corporations cannot guarantee anyone a lifetime job any...

Certainly, we are trying to preserve all of that culture, and get the advantages of...

Certainly, we are trying to preserve all of that culture, and get the advantages of...

This is a very exciting time in the world of information. It's not just that...

This is a very exciting time in the world of information. It's not just that...

Virtually every company will be going out and empowering their workers with a certain set...

Virtually every company will be going out and empowering their workers with a certain set...

Going to work for a large company is like getting on a train. Are you...

Going to work for a large company is like getting on a train. Are you...

In most companies, you don't get too much mail where people are saying, 'Hey, we...

In most companies, you don't get too much mail where people are saying, 'Hey, we...

We must start with the reality that corporations cannot guarantee anyone a lifetime job any...

We must start with the reality that corporations cannot guarantee anyone a lifetime job any...

There is at least one point in the history of any company when you have...

There is at least one point in the history of any company when you have...

A good manager doesn't try to eliminate conflict; he tries to keep it from wasting...

A good manager doesn't try to eliminate conflict; he tries to keep it from wasting...