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Doubt Quote by Will Durant

“The experience of the past lives little doubt that every economic system must sooner or later rely upon some form of the profit motive to stir individuals and groups to productivity. Substitutes like slavery, police supervision, or ideological enthusiasm prove too unproductive, too expensive, or…” quote by Will Durant
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“The experience of the past lives little doubt that every economic system must sooner or later rely upon some form of the profit motive to stir individuals and groups to productivity. Substitutes like slavery, police supervision, or ideological enthusiasm prove too unproductive, too expensive, or too transient.”

Will Durant

About This Quote

Source Book: The Story of Civilization, 1935

Economic systems inevitably need profit incentives to motivate productivity; alternatives like slavery or ideology are less effective or sustainable.

In simple terms: Profit drives productivity; other systems fail.

Key Takeaway

Recognize profit as a key motivator in economies.

Themes

economics motivation productivity systems

Mood

analytical critical

Type

economic historical

When to use this quote

  • business strategy
  • public policy
  • social planning
  • ethical debates

Key Concepts

incentive theory historical analysis political economy

Questions to Reflect On

  • Can societies balance profit with equity?
  • What non‑profit incentives could replace profit motives?
A Different Perspective

Profit motives can encourage inequality or exploitation.

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