“If economics were only about profit maximization, it would be just another name for business administration. It is a social discipline, and society has other means of cost accounting besides market prices.”
“In any case, seeing care for certain groups as an excessive cost reflects an arguably perverse way of thinking about health care in terms of human need. [...] In other words, care for the sick is an economic burden only in health care systems where profit is the bottom line and public services are underfunded and politically unsupported - that is, systems in which only market logic is considered legitimate.”
“As in the past, the costs and risks of the coming phases of the industrial economy were to be socialized, with eventual profits privatized ...”
“Maxim 16: Your name is in the mouth of others: be sure it has teeth.-The Seventy Maxims of Maximally Effective Mercenaries”
“Wisdom, in short, whose lessons have been represented as so hard to learn by those who never were at her school, only teaches us to extend a simple maxim universally known and followed even in the lowest life, a little farther than that life carries it. And this is, not to buy at too dear a price. Now, whoever takes this maxim abroad with him into the grand market of the world, and constantly applies it to honours, to riches, to pleasures, and to every other commodity which that market affords, is, I will venture to affirm, a wise man.”
“Business has only two functions — marketing and innovation.”