Word: profiteered
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Dates: during 1970-1979
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...went even further. He organized Italy's first real consumer boycott. Soon the cramped office of his all-volunteer Confederation of Consumers was filled with irate housewives eager to demonstrate or to sign petitions calling for an investigation. Says Morelli, who charges that the wholesalers made $40 million profit on the operation: "People always said the Italian consumer was too passive and uninformed to be organized. Yet look at the effect...
...that they don't recognize the enemy, but they only describe ways to escape him, or at best fight with his own weapons, the profit motive and buying power. The book describes the methods that have been used by preservationists (documentation, recognition as a "historic landmark," zoning laws, real-estate clauses). But this time the catalog does not speak to the Dodgers fan, only to the philanthropic patron of the arts--because, as the authors admit, "the only way to save or rejuvenate old buildings is money." They recognize that "built into the current economic system are a number...
Close to 350 Harvard students and 85 Radcliffe students received federal money this summer, to work in a non-profit, educationally oriented organization. The grant, under which the government pays 70 per cent of a student's salary, offers jobs for roughly 600 Harvard students and 160 Radcliffe students...
...expects ETS to throw out its own system and start all over again. Its near-monopoly of the testing market (hardly surprising when most similar companies don't enjoy ETS's tax-free status as a "non-profit educational institution"), and the subsequent absence of competition, have removed the usual pressures that normally regulate corporations in a market economy. Its "client organizations" like the College Board--devoted offspring of the mother organization--are no more likely or able to force changes on ETS than college admissions offices. Everyone seems to have accepted the ETS line--"Well...
Allan Fox, counsel for the subcommittee, said that a limit is necessary because "the best medical minds in the world are coming to this country. They stay for profit reasons. It is an unfair situation for other countries, particularly the third world...