"The world political system is till based..." - Quote by Peter Drucker
The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
More by Peter Drucker
“What the customer buys and considers value is never a product. It is always utility, that is, what a product or a service does for the customer.”
“Knowledge people and service people learn the most when they teach .”
“Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. Entrepreneurs need to search purposefully for the sources of innovation, the changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation.”
More on Politics
“Politics is so personal, vicious and immediate, how are you going to get anything done? Even the local politics where I live have gotten so ugly.”
“Well, another senator rose and said {as they always do} 'Does the gentleman yield?' They always say that - least they call each other 'gentleman' in there. But the tone they put on the word, it would sound more appropriate if they came right out and said 'Would the coyote from Maine yield?' 'cause that's about the way it sounds. Well, then, the other senator says 'I yield' (for if he don't the other guy'll keep on talking anyhow). So the coyote from Maine says 'I yield to...the polecat from Oregon!'”
“It is sound statesmanship to add two battleships every time our neighbour adds one and two stories to our skyscrapers every time he piles a new one on top of his to threaten our light. There is no limit to this soundness but the sky.”
More on Economy
“We estimate the wisdom of nations by seeing what they did with their surplus capital.”
“If we could just go back the last two or three years and do our buying a little more carefully, why... we would be O.K.”
“Beware the greedy hand of government thrusting itself into every corner and crevice of industry.”