Word: profitted
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Dates: during 1950-1959
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...affirmative good. Governments must cease just tolerating private business; they must welcome its contribution and go out of their way to attract it and even to woo it. And there must be a fundamental reversal of the traditionally hostile attitude, by governments and peoples alike, toward the profit motive...
Private capital, said the Vice President, is uniquely able to close the gap because, "in the old Roman phrase, 'it has no smell,' " i.e., it is not tainted with any ideology beyond the expectation of profit. Said Nixon: "It is not unreasonable to set as our goal doubling or tripling American investment abroad in the next ten years." To supplement the outflow of U.S. capital (current rate: $4 billion yearly), Nixon urged...
...capitalism has more to offer the world than cash. Its message: through technology, efficient management, research and the brand of valor that McGill University's Dr. David McCord Wright called the "energy to venture into uncertainty," competitive business can widen the distribution of goods, realize new sources of profit and do both in such fashion as to fortify free societies...
...there as the wife of a Hollywood screen writer in 1950. She stayed on after his death to run her own bottling and solid carbon dioxide works by putting up $10,000 herself, raising the other $150,000 in local funds. Worth of her business today:$350,000. Yearly profit: upwards...
...made in some undeveloped countries for huge new government income taxes that would be used eventually to pay pensions, would be invested meanwhile in new enterprises. Business and labor groups would simply add such taxes to their selling price and wages, concentrate on "take-home pay" and "profit after taxes." Worse yet, says Wallenberg, voluntary savings would dry up or seek sanctuary abroad...