Word: profit
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...enlightened self-interest at work in their philanthropy. A healthy society creates a healthy market for everything from software to cell phones. Without high levels of education and public health, there would be no one to buy--or build--information-age appliances. "If you want to keep making a profit," says Powell, "then you've got to keep growing the society, so that you have people out there who are workers and consumers." It is a version of the message sold hard in self-help groups, therapy sessions and 12-step meetings: You gotta give it away to keep...
...Drug companies have already floated the possibility of profitably selling their AIDS therapies in Africa at discounts of up to 90 percent - inadvertently telegraphing the size of the profit margin in the prices they charge in the U.S. - but even then, a year of cocktail treatments would still cost about four times the per capita income of the worst-hit countries. Asking Africa to increase its debt burden to finance the purchases may quite simply be untenable - indeed, the U.S. Export-Import bank, which is financing the program, has had to go into negotiations with the IMF because a number...
...flurry of construction that was supposed to relieve the electric bottleneck has yet to arrive. Old-line utilities--which used to count on a guaranteed 5% to 7% profit--have been reluctant to invest in billion-dollar plants without understanding the vagaries of the free market, and upstart energy providers are still trying to figure out which markets are worth the hefty investments required. At the same time, the industry is plagued by an antiquated, balkanized transmission grid that wasn't built to wheel power from one region to another. "America is a superpower, but it's got the grid...
Herrera: My biggest concern is taxes. After 10 years of building my business, I'm finally at the point that I'm making some profit. But guess what? I have to go and get a loan to pay my taxes. Maybe I should have done more advance planning, but still, there has to be something that helps small businesses with this dilemma...
...patient every year, on a continent where average annual incomes are well below $400 and 25 million people are believed to be infected. Indeed, pharmaceutical corporations will take even more heat than Mbeki has from the activists and scientists involved in the conference, many of whom urge dispensing with profit motives and intellectual property rights when 25 million human lives are at stake...