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Business Quote by Smedley Butler

“The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits - ah! that is another matter - twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent - the sky is the limit.” quote by Smedley Butler
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“The normal profits of a business concern in the United States are six, eight, ten, and sometimes twelve percent. But war-time profits - ah! that is another matter - twenty, sixty, one hundred, three hundred, and even eighteen hundred per cent - the sky is the limit.”

Smedley Butler

About This Quote

Source Speech: Congressional Testimony, 1931, United States Senate Committee on Military Affairs

War amplifies profit motives, leading to extreme, often unethical, financial gains during conflict.

In simple terms: War drives extreme profit seeking.

Key Takeaway

Beware of profit motives in wartime.

Themes

ethics war profit corruption capitalism

Mood

critical concerned

Type

political analytical

When to use this quote

  • government contracts
  • defense spending
  • private sector war profiteering

Key Concepts

military-industrial complex exploitation inflation

Questions to Reflect On

  • How does war change business ethics?
  • What safeguards can limit war profiteering?
A Different Perspective

Profit motives can be constrained by law and public scrutiny.

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