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The duty of every management is to conduct its business, including the price policy of the business, in the way which in the opinion of the managemen… - Enoch Powell
" "The duty of every management is to conduct its business, including the price policy of the business, in the way which in the opinion of the management is likely to maximise the return on the capital invested in the business. A management which does not do this betrays more than the shareholders in the business; it betrays the employees and the nation as a whole. The national interest lies in all the nation's resources being put to the most advantageous use possible. Anywhere outside a Communist state—and perhaps the time is coming when even that qualification will be superfluous—this is done by seeking to secure the largest possible return on capital. To maximise profits is for management not an optional exercise or a work of supererogation; it is management's basic duty. If private enterprise in a capitalist society is not trying to do that, there is no point in private enterprise—nor, for that matter, in a capitalist society.
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About Enoch Powell
John Enoch Powell (16 June 1912 – 8 February 1998) was a British politician, classical scholar, author, linguist, soldier, philologist, and poet. He served as a Conservative Member of Parliament (1950–1974), then Ulster Unionist Party (UUP) MP (1974–1987), and was Minister of Health (1960–1963).
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Alternative Names:
J. Enoch Powell
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John Enoch Powell
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Additional quotes by Enoch Powell
It will be seen that all these difficulties attach to those aspects of trade unionism which involve restriction and coercion... I would hope and believe that it will not be impossible to disentangle the coercive and restrictive activities of trade unionism from all the rest of its long tradition, so closely entwined with our economic and social history. I can only say this: once the basic question is posed...as to the justification of private force in the pursuit of ends whether private or public, real or imaginary, that question has to be answered openly and fearlessly... If the conclusion is that no such justification can be shown to exist, either generally or in our own society and times, then sooner or late, however long and wearisome the process, however many inquiries and Royal Commissions we must live through, the law of this land will have to be brought into accord with what can be defended by its people as right and just.
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We, this nation, have a right, because we are such, to formulate and follow the standards by which we will judge the worth of what we do and of what others offer to us and expect from us... The breath which condemns submission to laws this nation has not made condemns submission to scales of value which this nation has not willed. To both sorts of submission I ascribe that haunting fear, which I am sure I am not alone in feeling, that we, the British will soon have nothing left to die for. That was not a slip of the tongue. What a man lives for is what a man dies for, because every bit of living is a bit of dying. At the beginning I refused to define patriotism; but now at the end I venture it. Patriotism is to have a nation to die for, and to be glad to die for it—all the days of one's life.
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