Profits Quotes - page 4
The colonization of the Southern economy by capitalists from the North gave lynching its most vigorous impulse. If Black people, by means of terror and violence, could remain the most brutally exploited group within the swelling ranks of the working class, the capitalists could enjoy a double advantage. Extra profits would result from the superexploitation of Black labor, and white workers' hostilities toward their employers would be defused. White workers who assented to lynching necessarily assumed a posture of racial solidarity with the white men who were really their oppressors. This was a critical moment in the popularization of racist ideology.
Angela Davis
The prison has become a black hole into which the detritus of contemporary capitalism is deposited. Mass imprisonment generates profits as it devours social wealth, and thus it tends to reproduce the very conditions that lead people to prison. There are thus real and often quite complicated connections between the deindustrialization of the economy-a process that reached its peak during the 1980s-and the rise of mass imprisonment, which also began to spiral during the Reagan-Bush era. However, the demand for more prisons was represented to the public in simplistic terms. More prisons were needed because there was more crime. Yet many scholars have demonstrated that by the time the prison construction boom began, official crime statistics were already falling.
Angela Davis
First, most producers are employees of firms, not owners. Viewed from the vantage point of classical [economic] theory, they have no reason to maximize the profits of firms, except to the extent that they can be controlled by owners. Moreover, profit-making firms, nonprofit organizations, and bureaucratic organizations all have exactly the same problem of inducing their employees to work toward organizational goals. There is no reason, a priori, why it should be easier (or harder) to produce this motivation in organizations aimed at maximizing profits than in organizations with different goals. If it is true in an organizational economy that organizations motivated by profits will be more efficient than other organizations, additional postulates will have to be introduced to account for it.
Herbert Simon
The case for dumping iPhone, or at least threatening to do so in order to renegotiate Apple's subsidy requirement away, seems pretty open and shut. Apple has things all its own way right now - skimming the lion's share of the profits off the carriers' business without having to shoulder their risks. But this is an unstable situation, because the carriers' investors won't tolerate it indefinitely. What happens when they revolt?
Eric S. Raymond
For far too long the world's poorest people have seen no benefit from the vast natural resources in their own backyards. It is time to end the injustice where ordinary people are silent witnesses, left to suffer without basic services, as the profits from their countries' assets are hidden and plundered by corrupt regimes.
Nick Clegg
How could such industries as software, semiconductors, and computers have been so innovative despite historically weak patent protection? We argue that if innovation is both sequential and complementary-as it certainly has been in those industries-competition can increase firms' future profits thus offsetting short-term dissipation of rents. A simple model also shows that in such a dynamic industry, patent protection may reduce overall innovation and social welfare. The natural experiment that occurred when patent protection was extended to software in the 1980's provides a test of this model. Standard arguments would predict that R&D intensity and productivity should have increased among patenting firms.
Eric Maskin
We want an extraordinary heavy taxation, with a progressive character, on capital, that will represent an authentic partial expropriation of all wealth; seizures of all assets of religious congregations and suppression of all the ecclesiastic Episcopal revenues, in what constitutes an enormous deficit of the nation and a privilege for a minority; revisions of all contracts made by the war ministers and seizure of 85% of all war profits.
Benito Mussolini
