Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
Peter Drucker
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
Author
Businessperson
Columnist
Economist
Journalist
Lawyer
Philosopher
Sculptor
University Teacher
Writer
Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
Modern
Formation
High
Capitalist
Interest
Capital
Society
Wicked
Unearned
Need
Popular
Dividends
Needs
Income
Sinful
Rate
Condemnation
Conflict
Dilemma
More quotes by Peter Drucker
Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
Peter Drucker
The young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
Peter Drucker
A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
Peter Drucker
If socialism is defined as ownership of the means of production--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.
Peter Drucker
Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
Peter Drucker
(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
Peter Drucker
The really important things are said over cocktails and are never done.
Peter Drucker
Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
Peter Drucker
Marketing is the distinguishing, unique function of the business.
Peter Drucker
Keep your eye on the task, not on yourself. The task matters, and you are a servant
Peter Drucker
The individual is the central, rarest, most precious capital resource of our society.
Peter Drucker
Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
Peter Drucker
Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
Peter Drucker
One cannot hire a hand the whole man always comes with it.
Peter Drucker
We've spent the last 30 years focusing on the T in IT, and we'll spend the next 30 years focusing on the I.
Peter Drucker
There are only two things in a business that make money - innovation and marketing, everything else is cost.
Peter Drucker
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
Peter Drucker
Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.
Peter Drucker
The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.
Peter Drucker
The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
Peter Drucker