Word: profiteer
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Dates: during 1930-1939
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...George decided to found a cash-and-carry store handling not only tea and a few sidelines but general groceries. Today their chain numbers nearly 16,000 stores literally spread from the Atlantic to the Pacific. It does nearly $1,000,000,000 a year gross business on a profit margin of about 22% and employs nearly 100,000 people. It is run by the Brothers Hartford and a staff of assistants nearly every one of whom rose from grocery counters in their stores...
...without a thought for mathematics, and leave my instructors to settle the arithmetic with their consciences. Were I working for a, Ph.D. I should feel the rigidity more acutely still: and I believe the graduate school should put more trust in a man's ambition to all his true profitably, independently of the quantitative method. I am fully grateful to my tutors for the flexibility which they show in interpreting the demands of the Department. The demands, however, are there, and militate against the qualitative, in favor of quantitative, work, so that the ratio of effort to profit is appallingly...
...Lobby is a non-partisan organization headed by Professor John Dewey which is working for legislation at the National Capital to balance consumption and production by eliminating profit. Mr. Marsh this summer visited the Scandinavian countries, Russia, Poland, Germany, France and England, to see what these governments are doing on the People's Lobby program. During the fall he made a five weeks speaking trip to the Pacific Coast...
...necessarily more worthy of credit or gain. Harvard University went further than most universities when, after this case in question was called to their attention, they adopted a resolution stating that "no member of either of these schools (Medicine and Public Health) should take out for his own profit, or make any profit on, a patent upon any invention or discovery that affects the health of individuals or the public. That if to protect the public against misuse of the invention or discovery it is necessary to control it by means of a patent, that should be applied...
...research of all kinds. The laboratories of the University are tax-free and, moreover, are supposed to be used for the investigation of problems affecting public welfare, general scientific knowledge, and enlightenment. They are not provided for men to work out discoveries and inventions from which they privately derive profit and personal gain! Some discoveries must from their nature be patented, but they should not be handed over to individuals or institutions to enrich an individual or a corporation. Further, such taking out of patents discourages free interplay and cooperation between scientists and makes improvement and progress a difficult thing...