Great captains of industry are as rare as great generals

— William Graham Sumner

Bumbling Captains Of Industry quotations

If we are the greatest nation the sun ever shone upon, it would seem to be mainly because we have been able to goad our wage-earners to this pitch of frenzy.

As a rule, from what I've observed, the American Captain of Industry doesn't do anything out of business hours. When he has put the cat out and locked up the office for the night, he just relapses into a state of coma from which he emerges only to start being a Captain of Industry again.

Let's face a historical truth: we have never had a "free market", we have always had government intervention in the economy, and indeed that intervention has been welcomed by the captains of finance and industry. They had no quarrel with "big government" when it served their needs.

Leaders: Captains of industry.

The greatest factors making for communism, socialism or anarchy among a free people are the excesses of capital. The talk of the agitator does not advance socialism one step. The great captains of industry and finance... are the chief makers of socialism.

Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare; the great captains of industry are as rare as great generals.

The captains of industry are not hunting money.

America is heavy with it. They are seeking brains - specialized brains - and faithful, loyal service. Brains are needed to carry out the plans of those who furnish the capital.

But at the same time, the film industry just got torched.

The risk tolerance for the types of movies we're talking about is lower, and the reason for that is that the captains of the industry were asleep at the switch when their core business was being disrupted. And they're never getting it back. In a way, it makes it all the more exciting when the good ones get through.

There are many of our so-called captains on industry who, if the truth were told, and a shorter and uglier word were not unpermissible, are little better than malefactors of great wealth.

Great military leaders have to sacrifice soldiers;

great captains of industry have to sacrifice people. You can't only look after the poor, and the weak, and the disabled. You've got to do what's best for the community, and that often means sacrificing innocent people.

Regulation has gone astray. . . . Either because they have become captives of regulated industries or captains of outmoded administrative agencies, regulators all too often encourage or approve unreasonably high prices, inadequate service, and anticompetitive behavior. The cost of this regulation is always passed on to the consumer. And that cost is astronomical.