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Abroad Quote by Vladimir Putin

“We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or…” quote by Vladimir Putin
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“We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich.”

Vladimir Putin

About This Quote

Source Speech: Economic Forum, Russia, 2010

Businesses should prioritize social responsibility over profit, evaluating their impact on the nation and its people rather than merely accumulating wealth abroad.

In simple terms: Businesses must value social impact over profit.

Key Takeaway

Focus on national contribution, not just earnings.

Themes

responsibility ethics nationalism

Mood

reflective critical

Type

ethical political

When to use this quote

  • policy making
  • public relations
  • investment decisions
  • community projects

Key Concepts

Corporate social responsibility economic nationalism

Questions to Reflect On

  • How can firms measure their social impact?
  • What incentives encourage responsible behavior?
A Different Perspective

Profit motives can conflict with societal needs.

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