Be good Quote by Peter Drucker
“Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.”
About This Quote
Source Book: The Essential Drucker, 2001
Business should serve society, not just profit; its legitimacy comes from social benefit.
In simple terms: Business must benefit society.
Key Takeaway
Align profit with social good.
Themes
economics
ethics
social responsibility
Mood
thoughtful
inspirational
Type
philosophical
inspirational
When to use this quote
- company strategy
- policy making
- entrepreneurship
Key Concepts
stakeholder theory
corporate citizenship
Questions to Reflect On
- How can firms measure social impact?
- What policies ensure societal benefit?
A Different Perspective
Profit‑only focus can harm public trust.
![“...free enterprise, [is] a term that refers, in practice, to a system of public subsidy and private profit, with massive government intervention in the economy to maintain a welfare state for the rich.” quote by Noam Chomsky](https://sms4smile.com/quotes/img-quotes/93e/noam-chomsky-42_business_free-enterprise-is-a-term-that-refers-in_1769871.jpg)
