Word: profiteering
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Dates: during 1990-1999
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...increase in for-profit medicine, such as health management organizations (HMOs), has also hurt both those with and without insurance, she said...
...quality of for-profit medicine is lower than that of non-profit medicine," Woolhandler said. "In HMOs, there are incentives for cutting back care. There is a lot of dissatisfaction driven by the fact that HMOs don't want to enroll sick people...
...food program is helping Saddam stay in power. The nearly $5 billion worth of food and medicines the U.N. has allowed the regime to buy with oil exports has in some cases been re-exported for profit or its distribution in the country has been cruelly manipulated by the government to control hungry groups. Meanwhile, Saddam, who intelligence agencies believe is a billionaire, has built 48 palaces for himself since the Gulf War ended. Last April, according to a State Department report, he opened a vacation resort west of Baghdad for his cronies. It is complete with 625 homes...
...Invasion," Oct. 26), where he laments the way American Top 40 music has corrupted global culture. Indeed, Top 40 music is often idiotic and profoundly uninteresting; however, Liebert makes the mistake of conflating Top 40 with rock music in general. Top-40 is produced and promoted by a few profit-seeking major record labels like RCA, Columbia, and Warner Brothers, which release same-sounding music in hopes of discovering the next big hit. This "rock star" approach is deeply at odds with a more vital function of rock music, that of political, social and cultural protest. As Liebert observes...
...course, always sells. Pornography websites were among the first to turn a profit in e-commerce. So-called adult material accounts for 69% of the $1.5 billion worth of online content--services that can be downloaded, including music and games--in the U.S. and Western Europe, according to a May 1999 study by research firm Datamonitor. But taking sanitized sex to the masses--and particularly to women--has given purveyors of erotica an entirely new audience. "Taking the smut out of sex is a clever thing to do," says Michael Poyner, retailing expert with London consultants Credo Group...