Believe Quote by Jeremy Grantham
“Capitalism believes that its remit is exclusively to make maximum short-term profits.”
About This Quote
Source Book: The Long Run on Wall Street, Jeremy Grantham, 2019
Capitalism is often seen as prioritizing immediate profit over broader responsibilities.
In simple terms: Capitalism focuses on short‑term profit.
Key Takeaway
Consider long‑term impacts beyond profit.
Themes
economics
ethics
business
short‑termism
Mood
critical
analytical
Type
economic
ethical
philosophical
When to use this quote
- investment decisions
- policy making
- corporate strategy
- personal finance
Key Concepts
shareholder value
sustainability
risk
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Questions to Reflect On
- How can businesses balance profit with responsibility?
- What are the risks of short‑termism?
A Different Perspective
Profit focus can ignore social and environmental costs.
