Customer Quote by Paul Haggis
“There's something that's so basically corrupt about any system in which a good and fair profit is not enough. There has to be more, every year, every quarter, because your stock price has to rise.”
About This Quote
The quote critiques the relentless drive for profit growth, arguing that a system demanding perpetual increases beyond fair returns is inherently corrupt.
In simple terms: Critique of profit-driven corporate culture
Profit should be fair, not endless
Themes
Mood
Type
When to use this quote
- Board meetings
- Investor presentations
- Quarterly earnings calls
- Strategic planning sessions
- Regulatory hearings
Key Concepts
Practical Applications
- Designing sustainable business models
- Reforming corporate governance policies
Questions to Reflect On
- How can companies balance profit with ethical responsibility?
- What mechanisms can curb the pressure for perpetual growth?
Some argue that market competition naturally incentivizes growth, which can benefit innovation and employment.