Word: profiteered
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Dates: during 1970-1979
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...York phone company claims that it does not want to make a bigger profit, but it does wish to save the cost of building new exchanges and to space out calls that tend to bunch up during the daytime. It will offer a 25% discount on calls made after 10 p.m. or on weekends...
...executive-committee chairman of the news-paper-and-magazine chain founded by his father, was "the corporate chairman of a fascist media empire." Furthermore, Mrs. Hearst, a regent of the University of California, had helped invest university funds, he said, "in corporations that have interest and do gain profit from robbery, oppression and genocide." As usual, the S.L.A. statement was filled with far-left jargon and was accompanied by the group's standard demand that its propaganda be printed and broadcast in full by Bay Area newspapers and stations. News executives had little choice except to accede to the demand...
According to figures compiled by the Magazine Publishers Association, the new rate immediately boosts the average cost of mailing each copy of a magazine by six-tenths of a cent. That amount may seem modest, but it is not, when weighed against the harsh fact that the average profit now earned on each copy of a U.S. magazine is only eight-tenths of a cent. And the bulk of the increase is yet to take its toll...
...contracts; new contracts made for 1973 and 1974 included provisions to manufacture delay fuses for Air Force M-117 bombs, the BLU-26/B "guava bomb," the Rockeye bomb, rocket targeting systems, infra-red sensors used in the electronic battlefield, and a "thin wall fragmentation mechanism." Honeywell takes the profits from these contracts, and when challenged on its responsibility for overseas murder, says, as in 1972, "The ultimate decision as to types and quantities of weapons to be available and used must be the responsibility of the Department of Defense." This disclaimer could be expected; few businesses concern themselves with...
...used in war or peace, rent control is also a means of trying to assure some sort of "fair profit" to real estate interests, as well as "social peace" for the political system itself. When the shortage of decent housing gets to a certain point, rent increases and evictions cause tenants to form tenant unions and fight evictions by force. The rent control process channels this struggle into hearings where the tenants' numbers become less important, and where the landlords' access to legal and economic expertise becomes more important...