The difficulty of exercising "social responsibility” illustrates, of course, the great virtue of private competitive enterprise - it forces people to be responsible for their own actions and makes it difficult for them to "exploit” other people for either selfish or unselfish purposes. They can do good-but only at their own expense.
Milton FriedmanRelated topics
course difficulty exercising expense great virtueRelated quotes
Perhaps the greatest social service that can be rendered by anybody to the country and to mankind is to bring up a family. But here again, because there is nothing to sell, there is a very general disposition to regard a married woman's work as no work at all, and to take it as a matter of course that she should not be paid for it.
George Bernard Shaw
It is a popular error that bureaucracy is less flexible than private enterprise. It may be so in detail, but when large scale adaptations have to be made, central control is far more flexible. It may take two months to get an answer to a letter from a government department, but it takes twenty years for an industry under private enterprise to readjust itself to a fall in demand.
Joan Robinson
While in the course of ages the nucleus of social custom inscribed in law has been subjected to but slight and gradual modifications, the other portion has been largely developed in directions indicated by the interests of the dominant classes, and to the injury of the classes they oppress.
Peter Kropotkin
There are, of course, a number of epistemological questions, some of which lie more in the province of the philosopher than they do the economist or the social scientist. The one with which I am particularly concerned here is that of the role of knowledge in social systems, both as a product of the past and as a determinant of the future.
Kenneth Boulding
In speaking of the work of machines and of natural forces we must, of course, in this comparison eliminate anything in which activity of intelligence comes into play. The latter is also capable of the hard and intense work of thinking, which tries a man just as muscular exertion does.
Hermann von Helmholtz