Quote

Most of the productivity gains appear to go to the top 1 percent. Most people don't have enough income and as a result, they borrow additional money by using their credit card and they fall into high debt. The result of the growing income gap is a slower growing GDP (too few people with money to spend) and a rising tide of indebtedness.

Philip Kotler

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Philip Kotler
Age: 93
Born: 1931
Born: May 27
Author
Businessperson
Economist
Mathematician
University Teacher
Writer
Chicago
Illinois
Growing
Gains
Card
High
Debt
Tides
Fall
Credit
Productivity
Money
Using
Gaps
Indebtedness
Enough
Result
Rising
Slower
People
Spend
Cards
Additional
Percent
Appear
Borrow
Results
Income
Tide

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When it comes to efficiency and effectiveness, I would always start with effectiveness. I am interested in achieving a certain outcome. Only secondarily do I worry about achieving it as efficiently as possible.
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Integrated marketing communications is a way of looking at the whole marketing process from the view point of the customer.
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Companies pay too much attention to the cost of doing something. They should worry more about the cost of not doing it.
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Today you have to run faster to stay in place.
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Robots equipped with software can be designed to do repetitive jobs. All that you need in a factory is a set of dials, an expert, and a dog to keep the expert awake. We will be moving shortly to the next stage to robots with artificial intelligence who can think.
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In fact, Capitalism has a vested interest in creating new wants and making people unhappy until they acquire the next good.
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My parents, and their interest in making the world a better place for more people inspired me.
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Republicans talk loudly about freedom and yet are against a women deciding what's best for her own body and are against the freedom of two people of the same sex to marry.
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In America, we are not lacking solutions. We are lacking a two-party system that is willing to agree on solutions. Part of this is due to rigid ideological positioning that substitutes for really thinking about the facts and solutions.
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The internet will create the winnerand bury the laggards.
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Good companies will meet needs great companies will create markets.
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Marketing is not the art of finding clever ways to dispose of what you make. It is the art of creating genuine customer value.
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Our infrastructure of bridges, roads and ports has been given a D-level rating by many civil engineer societies. The government should shift some money from the Defense budget and hire companies to fix our infrastructure. As for non-construction workers, we need to do job retraining in those growing areas where more skilled workers will be needed.
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Many great ideas need refreshment and deeper analysis. Freedom, for example, is a great idea but it has become a cliché.
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In working on any one problem, such as higher minimum wages, so many other issues come into play, such as some businesses possibly closing down, thus creating fewer jobs and more unemployment and incentivizing companies to import more goods from abroad, which leads to even less employment at home, and so on.
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People who lack material wealth, who are poor, won't be very happy. They will be obsessed with meeting their bills at pay day. And people who have an abundance of material goods are often not happy.
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A country's middle class is its bedrock.
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