Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

Charles Koch
Age: 89
Born: 1935
Born: November 1
Businessman
Businessperson
Wichita
Kansas
Charles G. Koch
Charles de Ganahl Koch
Business
Creating
Favor
Payments
Doesn
Value
Cash
Mandates
Others
Goes
Favors
Restrictions
Anything
Name
Corporate
Regulations
Better
System
Welfare
Restriction
Names
Debt
Payment
Values
Trade
Competitors
Jobs
Yeah
Regulation

More quotes by Charles Koch

Image
Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers.
Charles Koch
Image
How do we make people's lives better unless we find the truth of what works and what doesn't?
Charles Koch
Image
Do you want to have your feelings hurt a little bit because you have some negative feedback, or do you want to continue down the disastrous track you're on and have a huge disaster? Talk about a bruised ego. It may ruin your career.
Charles Koch
Image
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
Image
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
Image
If we are going to have a Fed, it should not fall into the tyranny of experts with the a fatal conceit that a few wise people can determine interest rates. Interest rates should be driven by the market, and people's time preference, and we see these boom-bust cycles.
Charles Koch
Image
Our system here of creating value for others and having people do the right thing, exchange information, and so on only works if people have the right values.
Charles Koch
Image
I studied what principles under-laid peace and prosperity and concluded the only way to achieve societal well-being was through a system of economic freedom.
Charles Koch
Image
They say your genetics are going to set your direction regardless of what happens, but I think there's more to it than that.
Charles Koch
Image
I try to hire people who will challenge and have the humility to be challenged - people who have basically good values.
Charles Koch
Image
Just keep trying things, without really understanding the underlying fibers of well-being, or peace or civility, then you're just going to stumble from one disaster to another.
Charles Koch
Image
No centralized government, no matter how big, how smart or how powerful, can effectively and efficiently control much of society in a beneficial way. On the contrary, big governments are inherently inefficient and harmful.
Charles Koch
Image
To be happy you have to fulfill your nature. That's what Aristotle taught so many centuries ago, that the road to happiness isn't to go drink more or consume more. The road to happiness is to fully develop your abilities, and then apply them to do good.
Charles Koch
Image
You've got to learn to work with others. One of my main values is, you learn this system of mutual benefit. That is, if you shirk and you try to make the other guy do more, he's going to do that to you.
Charles Koch
Image
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
Image
In America, I think we just keep adding, and that's our problem. We almost never subtract. We keep adding these boondoggles, and these violations of the basic principles of equal rights - certain people have more rights than others - it's like Animal Farm. The pig says that we all have equal rights, but some have more rights than others.
Charles Koch
Image
Success is one of the worst enemies of success, because success tends to breed complacency and lack of humility.
Charles Koch
Image
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
Image
All of our policies are based on whether it will make - enable people to improve their lives or it will make their lives worse.
Charles Koch
Image
You can't start taking away benefits if people don't have any opportunities.
Charles Koch