Able Quote by James Surowiecki
“Defense contractors are able to reap tremendous profits while rarely confronting the risks for which those profits are supposed to be the reward.”
About This Quote
Source Book: The Economics of Defense, 2015
Defense firms earn huge profits yet rarely face the very risks they are meant to mitigate.
In simple terms: Defense profit without risk exposure.
Demand accountability for risk‑taking.
Themes
Mood
Type
When to use this quote
- government contracts
- investment decisions
- risk assessment
Key Concepts
Questions to Reflect On
- Should profits be tied to risk outcomes?
- How to enforce risk accountability?
Profit motives can conflict with public safety responsibilities.