Capitalist Quote by Yuval Noah Harari
““A crucial part of the modern capitalist economy was the emergence of a new ethic, according to which profits ought to be reinvested in production.””
About This Quote
Source Book: Homo Deus, 2015
Modern capitalism shifted to reinvesting profits into production, fostering growth and innovation.
In simple terms: Profit reinvestment drives economic progress.
Invest profits back into production.
Themes
Mood
Type
When to use this quote
- business strategy
- policy making
- entrepreneurship
Key Concepts
Questions to Reflect On
- How does reinvestment affect inequality?
- What safeguards ensure sustainable growth?
Reinvestment can risk overproduction or market bubbles.