Word: profitability
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Dates: during 1970-1979
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These actions were prompted by an understandable fear of serious interference in scientific research. However, Lear pinpoints a contradiction in many scientists' stand against regulation: these same scientists stand to profit considerably from their research through shares in corporations they set up to market their research. More fundamentally, scientists used their considerable lobbying influence to circumvent the principle that the people who pay for their experiments have a right to be protected from harm and to contribute to the decision-making process...
Homeowners. Persons over 55 who for three of the past five years have lived in a house that is their principal residence will pay no taxes on the first $100,000 profit made from selling that house. This will be a once-in-a-lifetime benefit...
...prominently displayed in a Sears catalog. As it turned out, while trying to discourage him about the value of the tool, the company had test-marketed it and converted about 75% of its wrenches to his design. Sears went on to sell 26 million of the wrenches for a profit of about $44 million. Roberts sued. In December 1976 a federal jury decided that Sears had obtained Roberts' patent fraudulently. The jury awarded him $1 million. Last week, after Sears had fought the decision all the way to the Supreme Court and lost, Roberts, now a 33-year...
Dollar up or down, money traders profit...
Since the onset of the Industrial Age and mass production, technology has been used to create an independent man-made community which exploits the environment for its own material profit. These tools--railroads to transport us, toilets to dispose of our waste, electrical power plants to provide fuel--are totally self-serving and often usurp the natural resources on which all life depends...