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I think our biggest problem in society is we're headed more and more toward a two-tiered society. That is, creating welfare for the wealthy and destroying opportunities for the disadvantaged.
Charles Koch
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Charles Koch
Age: 89
Born: 1935
Born: November 1
Businessman
Businessperson
Wichita
Kansas
Charles G. Koch
Charles de Ganahl Koch
Problem
Welfare
Think
Opportunities
Thinking
Biggest
Toward
Tiered
Creating
Disadvantaged
Society
Headed
Opportunity
Wealthy
Two
Destroying
More quotes by Charles Koch
You can't start taking away benefits if people don't have any opportunities.
Charles Koch
In America, the first thing we have to get rid of is entitlements for the wealthy, and at the same time, open up the economy to the disadvantaged.
Charles Koch
Innovation doesn't come from one big thing, it comes from a piece at a time, from combining existing technology. We have in a sense a stagnation, in all those areas where we have cronyism and political correctness and the precautionary principle. Get all of those together, then yeah, you have stagnation, and that's what we're seeing.
Charles Koch
All the corporate welfare, yeah, it goes from cash payments to debt, to regulations on the competitors, to restrictions on trade, to mandates. You name it, anything so that business doesn't have to do a better job of creating value for others - they can just get the system in their favor.
Charles Koch
Best part of my job is fulfillment. When I see that, that we're creating value, that we're helping improve people's lives, and we benefit from it, so it's a system of mutual benefit. Our philosophy's working. That's what turns me on. That's what keeps me going.
Charles Koch
Innovation comes from recombining existing technology and different perspectives in innovative ways.
Charles Koch
The problem is, to have prices fall would work fine if we didn't have all these built in rigidities on downward prices, because then things don't adjust, and that's how we have recessions and depressions, is prices and costs don't adjust together and they get out of whack, and we end up with dislocations.
Charles Koch
Repeatedly asking for government help undermines the foundations of society by destroying initiative and responsibility. It is also a fatal blow to efficiency and corrupts the political process.
Charles Koch
Corporate welfare, I think, is a disaster for this country. It's crippling our economy. It is contributing to a permanent underclass and corrupting the business community.
Charles Koch
I've been blessed by learning certain principles and values that transformed my life and enabled me to accomplish more than I really had the ability to do or ever dream possible. And so I decided that I wanted to give as many other people as possible the opportunity to learn these ideas and transform their lives as I had.
Charles Koch
The good and the bad news is that politicians rarely do what they say they are going to do when they campaign.
Charles Koch
If you've got a dirty job, the best way is to help each other and then you'll create this culture of mutual benefit. And then you've got to understand who your customer is and create value for them and so on.
Charles Koch
But it [crony capitalism] erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want.
Charles Koch
Many businesses with unpopular products or inefficient production find it much easier to curry the favor of a few influential politicians or a government agency than to compete in the open market.
Charles Koch
Both my parents were a tremendous influence on me. My father's influence came from - he decided well, probably before we were born that as he put it, 'I'm not going to have any kids who are country club bums.'
Charles Koch
Most power is power to coerce somebody. We don't have the power to coerce anybody.
Charles Koch
We must measure what leads to results, not simply what is easy to measure.
Charles Koch
The old idea that some genius pulls all of this stuff out of the air is ridiculous. As Ridley pointed out, the only way Edison could invent the lightbulb is because all the elements had been developed before. That's obvious it wasn't just his genius - 20 others developed it at the same time. And that's true for almost every invention and discovery.
Charles Koch
Everything I give, pretty much, is public. Not every donor wants to - or is willing to get the kind of abuse and attacks that we do, or death threats, so they're not willing to have their names out. I think the other side is pushing for that because they want to intimidate people so they won't oppose it.
Charles Koch
If somebody is doing more and more to make other people's lives better, have them make all they can, if that's what drives them, because that's what we want.
Charles Koch
