Philip Kotler Quotes About Capitalism

Quotes about: Capitalism

• The most common conception of Capitalism is that it is an economic system consisting of privately owned businesses and large corporations that are run for profit. The profit comes from running the business efficiently and keeping the products and services up to date and competitively priced.

  Philip Kotler

  Running, Corporations, Common

  Source: bobmorris.biz

• In fact, Capitalism has a vested interest in creating new wants and making people unhappy until they acquire the next good.

  Philip Kotler

  Creating, People, Unhappy

  Source: bobmorris.biz

• A person without an Apple watch is perfectly content with his present watch but when he sees his friends buying the watch, he will hanker for an Apple watch. The endless cycle of wanting, getting, and wanting again is part of the plot of Capitalism. It is the way Capitalism creates jobs. The only antidote is Buddhism that holds that people might be happier by renouncing desire rather than by striving to satisfy desire. But then how can the economy create enough jobs in a Buddhist society of "less is more."

  Philip Kotler

  Buddhist, Jobs, Buddhism

  Source: bobmorris.biz

• We need to take a close look at the relationship between the economic system of Capitalism and the political system of Democracy. A democracy with high concentrations of private wealth buys votes and interferes with the ability of Capitalism to perform well. It is no longer one citizen, one vote.

  Philip Kotler

  Political, Democracy, Needs

  Source: bobmorris.biz

• I have always favored Capitalism as the best economic system and Democracy as the best political system. They both have the most potential for improving the lives of people. However, both systems need to be reexamined and refreshed so that, in fact, they do serve the majority of people.

  Philip Kotler

  People, Political, Democracy

  Source: bobmorris.biz

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