We used to have just one criterion and that was profit…
“We used to have just one criterion and that was profit, and then another criterion was added - social welfare. Now we have to add the third important criterion, and that is nature and the environment.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Profit alone is insufficient; societies must also value social welfare and environmental stewardship.
In simple terms: We need profit, people, and planet.
Key Takeaway
Balance economic, social, and ecological goals.
Themes
economics
ethics
environment
policy
Mood
thoughtful
urgent
Type
policy
philosophical
When to use this quote
- business strategy
- government regulation
- community planning
- investment decisions
Key Concepts
sustainability
triple bottom line
corporate responsibility
Questions to Reflect On
- How can companies measure environmental impact?
- What policies encourage social welfare?
A Different Perspective
Balancing three goals can be complex and may conflict.