Word: profit
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...legal and political aspects of the question that President Roosevelt was seriously thinking of leaving it to Congress. Few of his monetary advisers doubted, however, that the gold would eventually be called in, so that if and when the dollar is devaluated 50% the Treasury could pocket 100% profit...
...liquor from the state in 240 state-owned stores which opened last week. They were not at all sure they liked it when their Liquor Control Board pegged the price of bonded whiskey as high as $8 a qt., announced that it expected to make a 40% to 50% profit on all liquor sales. Consumers immediately began comparing whiskey prices with those in Government-owned Canadian stores and, except in a few instances, found wide discrepancies. Uncut rye was from $6.50 to $8 a qt. in Pennsylvania, from $3.08 to $4.25 in Canada...
...evils of capitalism are in its essence. The first rests on the assumption that the producers can submit to control by the consumers, whose interest in a low price is exactly opposed to the producers' interest in a high price; the second rests on the elimination of the profit motive from production. The first overlooks the fact of technological unemployment, and postulates that machine growth which makes total and paid employment an impossibility, can run parallel to government control which makes total and paid employment an ideal; the second is based on technological unemployment, and on the gradual reduction...
...immediate future. It does not satisfy the business man who is planning for the next three months or even for a year. The cardinal fact about business is money. It is usually called capital. But there is another cardinal fact--how the volume of business done shall yield a profit...
Most disconcerting, therefore, is the talk from Washington about abolishing the profit system, increasing taxes to the saturation point, increasing the doles and grants and spending billions more than have already been spent...