--- title: "Meaning & Key Takeaway of: It is in the long run that the…" description: "\"It is in the long run that the corporation lives.\" — John Kenneth Galbraith" image: "https://sms4smile.com/quotes/i/434/john-kenneth-galbraith-643_corporation_it-is-in-the-long-run-that-the-corporati_955339.png" --- # It is in the long run that the corporation lives. ![“It is in the long run that the corporation lives.” quote by John Kenneth Galbraith](https://sms4smile.com/quotes/i/434/john-kenneth-galbraith-643_corporation_it-is-in-the-long-run-that-the-corporati_955339.png) [Download](https://sms4smile.com/quotes/i/434/john-kenneth-galbraith-643_corporation_it-is-in-the-long-run-that-the-corporati_955339.png) [Open image](https://sms4smile.com/quotes/i/434/john-kenneth-galbraith-643_corporation_it-is-in-the-long-run-that-the-corporati_955339.png) > “It is in the long run that the corporation lives.” [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Corporate longevity depends on long‑term planning and adaptability **In simple terms:** Corporations survive by thinking ahead Key Takeaway Prioritize strategic foresight in business Themes business economics future strategy growth Mood analytical cautious Type economic strategic When to use this quote - strategic planning - investment decisions - risk management Key Concepts corporate governance long‑term planning market adaptation Questions to Reflect On - How can firms balance short‑term results with long‑term health? - What structures support sustained strategic thinking? A Different Perspective Short‑term pressures can undermine long‑term health; vigilance is needed ★ ★ ★ ★ ★ No ratings yet [Corporation](https://sms4smile.com/quotes/about/corporation/) [Corporations](https://sms4smile.com/quotes/about/corporations/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Long runs](https://sms4smile.com/quotes/about/long-runs/) [Running](https://sms4smile.com/quotes/about/running/) ## Related quotes > [It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.](https://sms4smile.com/quotes/lee-r-raymond/it-makes-no-sense-to-talk-of-the-social-obligations-of-the/) [Lee R. 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Had she been a corporation instead of a…](https://sms4smile.com/quotes/thom-hartmann/her-crime-cost-nobody-their-life-but-she-famously-was-escorted-off-to/) [Thom Hartmann](https://sms4smile.com/quotes/author/thom-hartmann/) > [The blanket assertion that corporations are people obfuscates the complex issues at play in the changing business world. Corporation are institutions. 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Kunin](https://sms4smile.com/quotes/author/madeleine-m-kunin/) > [The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. It is a state created tool…](https://sms4smile.com/quotes/joel-bakan/the-corporation-is-not-an-independent-person-with-its-own-rights/) [Joel Bakan](https://sms4smile.com/quotes/author/joel-bakan/) > [The corporation is the dominant and dominating institution of our time. Governments identify growth and development with commercial corporations and shower them with subsidies,…](https://sms4smile.com/quotes/eric-kierans/the-corporation-is-the-dominant-and-dominating-institution-of-our/) [Eric Kierans](https://sms4smile.com/quotes/author/eric-kierans/) ## More by John Kenneth Galbraith > [Getting on the cover of TIME guarantees the existence of opposition in the future.](https://sms4smile.com/quotes/john-kenneth-galbraith/getting-on-the-cover-of-time-guarantees-the-existence-of-opposition/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Technology means the systematic application of scientific or other organized knowledge to practical tasks.](https://sms4smile.com/quotes/john-kenneth-galbraith/technology-means-the-systematic-application-of-scientific-or-other/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [“Men can labor to make sense out of single steps toward the goal without ever pausing to reflect that the goal itself is ludicrous.”](https://sms4smile.com/quotes/john-kenneth-galbraith/men-can-labor-to-make-sense-out-of-single-steps-toward-the-goal/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to…](https://sms4smile.com/quotes/john-kenneth-galbraith/consumer-wants-can-have-bizarre-frivolous-or-even-immoral-origins-and/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [That one never need to look beyond the love of money for explanation of human behavior is one of the most jealously guarded simplification…](https://sms4smile.com/quotes/john-kenneth-galbraith/that-one-never-need-to-look-beyond-the-love-of-money-for-explanation/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Agriculture is one economic activity that does not obey the laws of demand and supply.](https://sms4smile.com/quotes/john-kenneth-galbraith/agriculture-is-one-economic-activity-that-does-not-obey-the-laws-of/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [If we were not in Vietnam, all that part of the world would be enjoying the obscurity it so richly deserves.](https://sms4smile.com/quotes/john-kenneth-galbraith/if-we-were-not-in-vietnam-all-that-part-of-the-world-would-be/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.](https://sms4smile.com/quotes/john-kenneth-galbraith/washington-is-a-place-where-men-praise-courage-and-act-on-elaborate/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending…](https://sms4smile.com/quotes/john-kenneth-galbraith/world-war-ii-revealed-two-of-the-enduring-features-of-the-keynesian/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Money is what fueled the industrial society. But in the informational society, the fuel, the power, is knowledge. One has now come to see…](https://sms4smile.com/quotes/john-kenneth-galbraith/money-is-what-fueled-the-industrial-society-but-in-the-informational/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [While it will be desirable to achieve planned results, it will be even more important to avoid unplanned disasters.](https://sms4smile.com/quotes/john-kenneth-galbraith/while-it-will-be-desirable-to-achieve-planned-results-it-will-be-even/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in…](https://sms4smile.com/quotes/john-kenneth-galbraith/a-bad-book-is-the-worse-that-it-cannot-repent-it-has-not-been-the/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Genius is a rising stock market.](https://sms4smile.com/quotes/john-kenneth-galbraith/genius-is-a-rising-stock-market/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant…](https://sms4smile.com/quotes/john-kenneth-galbraith/mr-david-stockman-has-said-that-supply-side-economics-was-merely-a/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) > [Inventions that are not made, like babies that are not born, are rarely missed. In the absence of new developments, old ones may seem…](https://sms4smile.com/quotes/john-kenneth-galbraith/inventions-that-are-not-made-like-babies-that-are-not-born-are-rarely/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) [Explore all 434 John Kenneth Galbraith quotes ](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) ## More Corporation quotes > [It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.](https://sms4smile.com/quotes/lee-r-raymond/it-makes-no-sense-to-talk-of-the-social-obligations-of-the/) [Lee R. Raymond](https://sms4smile.com/quotes/author/lee-r-raymond/) > [The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. 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To…](https://sms4smile.com/quotes/kamand-kojouri/it-s-so-easy-to-lose-faith-and-become-lost-in-all-of-the-politics-of/) [Kamand Kojouri](https://sms4smile.com/quotes/author/kamand-kojouri/) > [To equate a corporation with a person is a travesty of justice.](https://sms4smile.com/quotes/madeleine-m-kunin/to-equate-a-corporation-with-a-person-is-a-travesty-of-justice/) [Madeleine M. Kunin](https://sms4smile.com/quotes/author/madeleine-m-kunin/) > [Did you ever expect a corporation to have a conscience, when it has no soul to be damned, and nobody to be kicked?](https://sms4smile.com/quotes/edward-thurlow-1st-baron-thurlow/did-you-ever-expect-a-corporation-to-have-a-conscience-when-it-has-no/) [Edward Thurlow, 1st Baron Thurlow](https://sms4smile.com/quotes/author/edward-thurlow-1st-baron-thurlow/) > [“a big corporation will destroy your life, your hopes and your dreams accidentally, without even noticing, and still won’t give a damn afterwards.”](https://sms4smile.com/quotes/l-h-thomson/a-big-corporation-will-destroy-your-life-your-hopes-and-your-dreams/) [L.H. Thomson](https://sms4smile.com/quotes/author/l-h-thomson/) > [A corporation has no soul.](https://sms4smile.com/quotes/edward-coke/a-corporation-has-no-soul/) [Edward Coke](https://sms4smile.com/quotes/author/edward-coke/) > [A record company used to be a very good thing, but they ended up soul-destroyingly trapping people in the accounting department. And you couldn't…](https://sms4smile.com/quotes/john-lydon/a-record-company-used-to-be-a-very-good-thing-but-they-ended-up-soul/) [John Lydon](https://sms4smile.com/quotes/author/john-lydon/) > [I used the aspects of being a woman to my advantage, but I worked for myself, not a big corporation, so I was lucky…](https://sms4smile.com/quotes/diane-von-furstenberg/i-used-the-aspects-of-being-a-woman-to-my-advantage-but-i-worked-for/) [Diane von Furstenberg](https://sms4smile.com/quotes/author/diane-von-furstenberg/) > [I don't think any business has to give up legal protections in order to simplify. The main consideration is that whatever protection, rights and…](https://sms4smile.com/quotes/alan-siegel/i-don-t-think-any-business-has-to-give-up-legal-protections-in-order/) [Alan Siegel](https://sms4smile.com/quotes/author/alan-siegel/) > [The definition of fascism is The marriage of corporation and state](https://sms4smile.com/quotes/benito-mussolini/the-definition-of-fascism-is-the-marriage-of-corporation-and-state/) [Benito Mussolini](https://sms4smile.com/quotes/author/benito-mussolini/) > [For better or for worse, our company (The News Corporation Ltd.) is a reflection of my thinking, my character, my values.](https://sms4smile.com/quotes/rupert-murdoch/for-better-or-for-worse-our-company-the-news-corporation-ltd-is-a/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [I've been working with them for a couple years and a couple of projects. Essentially Robert F. 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