Mark Skousen Quotes About Profit Motive

We have collected for you the TOP of Mark Skousen's best quotes about Profit Motive! Here are collected all the quotes about Profit Motive starting from the birthday of the Economist – 1947! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 2 sayings of Mark Skousen about Profit Motive. We will be happy if you share our collection of quotes with your friends on social networks!

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Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive of the entrepreneur. The irony is that capitalism, not socialism or Marxism, that has liberated the worker from the chains of poverty, monopoly, war, and oppression, and has better achieved Marx's vision of a millennium of hope, peace, abundance, leisure, and aesthetic expression for the 'full' human being.
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Mark Skousen

1865
The profit motive promotes economic growth by creating better products at cheaper prices.
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Mark Skousen

Mark Skousen (2013). “Economic Logic Fourth Edition”, p.674, Regnery Publishing

1702

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