Word: profitably
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Dates: during 1970-1979
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When farmers are slaughtering calves because it is not profitable to raise them, and when oil companies refuse to drill because it may not be profitable, then we must seriously question whether the system based on the profit motive is meeting the needs of society...
...instructive to note that the Doomsday mind, like so many things, can be turned to profit. A group of California land developers has founded something called the Scott Meadows Club-712 acres of fertile Sierra wilderness in Northern California's Siskiyou County, all set aside as a secret retreat, once civilization as we know it has disintegrated. For a modest membership fee of $12,500 and annual dues of only $300, members are allocated space in a "security building" to store a year's cache of dehydrated food for each individual in the family; the payment also provides...
...there are 1,400 wholesalers in business today-has difficulty amassing the will, much less the capital, to carry through such developments. Says Gordon Bloom, a senior lecturer at M.I.T.'s Sloan School of Management and a leading food expert: "Because the industry operates on such a low profit margin, it won't spend two cents for technological innovation unless you can prove the payoff." Until it does, however, food can only continue gobbling more and more of the American family's budget...
...should when we ask him to bear the brunt of these decisions for an extended period of time. Ten years is long enough for a chairman or president." He feels able to leave now, Townsend said, because Chrysler's outlook is brightening, and the company should make a profit by the fourth quarter...
...first month, Wheeler flew just 208 passengers; recently the line has been carrying more than 1,000 passengers a month, mostly commuting businessmen, and revenues are up to more than $20,000 a month. Wheeler, however, has yet to earn a profit. The federal subsidy (up to $140,000 this year) that the line receives to provide service to shore and rural areas does not quite cover losses on these routes, although Wheeler has been able to break even or better on its popular and completely unsubsidized intercity commuter schedules. Wheeler, who pays himself less than $10,000 a year...