Word: profitable
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Dates: during 1930-1939
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...Schumpeter's definition of imperialism as an "objectless, irrational, violent disposition toward indefinite, purposeless expansion." What is implied here is the problematical contrast between absolutism's quest of glory and aggrandizement as an end in itself and the rationally oriented calculus of bourgeois capitalism. Such encomium of the profit motive strikes me as no more realistic than the Marxist interpretation of imperialism...
...organization, which is strictly non-profit, offers to groups of workers the right to insure against hospital expenses...
...building of public roads, President Roosevelt last week dignified the super-highway idea by endorsing Senator Bulkley's self-payment plan as a business pump primer, and by suggesting that through excess condemnation of land a mile each side of the superhighways the Government might realize a profit when land values rose...
...back for a while to straighten things out. Mr. Marien's overstatements had been so exuberant-in 1936 to the extent of $879,000-that the officers had voted themselves big bonuses and paid much too much in taxes. But apparently Mr. Marien himself had not acted for profit. To Interstate Hosiery officials he could not "account for his impulses.'' Meanwhile, impulsive Mr. Marien had been charged with what seemed to be an extracurricular forgery for $141.75. New York Assistant Attorney General Ambrose V. McCall, who was shaking his head over the case, began to wonder...
...year ending June 30 the 5,299 national banks achieved the second largest profit in history-$286,561,000, against $301,804,000 in 1929. In 1934 there was a net loss of $303,546,000. This whopping recovery was not, however, entirely gladsome to bankers, for in fiscal 1937 their banks made that showing, not through any blossoming in banking operations but because of reductions in expenses. Gross national bank income in 1929 was $1,389,400,000, expenses $986,882,000. Last year gross bank income was only $847,197,000, expenses $577,851,000. In short, profits...