"No enterprise can exist for itself alone. It ministers to some great need, it performs some great service, not for itself, but for others; or failing therein, it ceases to be profitable and ceases to exist"
About this Quote
The subtext is strategic. Coolidge isn’t asking corporations to be charitable; he’s insisting that self-interest only survives when it masquerades as public interest. “Not for itself, but for others” sounds altruistic, yet the closing clause snaps back to the balance sheet: if you fail at service, you “cease to be profitable.” The moral premise is enforced by an economic consequence. In other words, the market becomes the judge of social worth.
Context sharpens the edge. The 1920s saw explosive growth, advertising-driven consumer culture, and widening gaps in wealth - conditions that invited skepticism about whether business served anyone beyond shareholders. Coolidge’s formulation attempts to launder the era’s exuberance through the language of obligation. It’s also a preemptive defense against regulation: if the market naturally punishes enterprises that don’t “perform some great service,” then government oversight looks unnecessary.
The quote works because it fuses two American faiths - service and success - and quietly claims they’re the same thing. That fusion is persuasive, and revealing.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Coolidge, Calvin. (2026, January 18). No enterprise can exist for itself alone. It ministers to some great need, it performs some great service, not for itself, but for others; or failing therein, it ceases to be profitable and ceases to exist. FixQuotes. https://fixquotes.com/quotes/no-enterprise-can-exist-for-itself-alone-it-5293/
Chicago Style
Coolidge, Calvin. "No enterprise can exist for itself alone. It ministers to some great need, it performs some great service, not for itself, but for others; or failing therein, it ceases to be profitable and ceases to exist." FixQuotes. January 18, 2026. https://fixquotes.com/quotes/no-enterprise-can-exist-for-itself-alone-it-5293/.
MLA Style (9th ed.)
"No enterprise can exist for itself alone. It ministers to some great need, it performs some great service, not for itself, but for others; or failing therein, it ceases to be profitable and ceases to exist." FixQuotes, 18 Jan. 2026, https://fixquotes.com/quotes/no-enterprise-can-exist-for-itself-alone-it-5293/. Accessed 9 Feb. 2026.








