Word: profit
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Dates: during 1990-1999
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Physical operations including shelving, customer service and sales staff account for 13 percent of the sale price leaving the cooperative with a 2 percent profit...
...cooperative, any profit must be returned to its members proportional to their purchases. The rebate for the previous fiscal year was announced in October as 4.5 percent. Since the standard Coop profit on a textbook sale is 2.5 percent lower than the rebate, the Coop actually takes a loss on textbook sales to Coop members...
...course, any such effort will be greeted with stiff opposition from yet another entrenched bureaucracy. Those are the agencies, departments and special-interest groups that profit from the existing system. There would be a spirited fight led by large corporations to preserve the Exim Bank, the Overseas Private Investment Corp. and the Foreign Sales Corporations, to name just three...
...that for every dollar given by local and federal governments to coddle rich corporations, there is one less dollar to support programs for workers or alleviate the plight of America's poor. The political system is part of the problem, but America's economic system, based on competition for profit and primarily serving the needs of the wealthy, dictates the behavior of both the politicians and the government. Unfair tax breaks and subsidies for the rich are an essential by-product of the U.S. economic system. Its handmaidens in the political system put this into practice whenever they...
...highest-flying retailer may finally have figured out how to wring enough cybercash from its customers to actually make a profit: offer more things to buy. Amazon.com has started selling consumer electronics, games and toys (all billed as holiday gifts) as well as movie videos to go with its books and music CDs. For the hapless holiday shopper in need of ideas, Amazon's new "gift matcher" will make suggestions based on the recipient's interests. And for the truly indecisive: gift certificates you can e-mail...