fix articles 316761, profit making Los Angeles Indymedia : tag : profit making

profit making

Wealth is not a Private Affair (tags)

The US faces a revenue- and a war-spending crisis. The top tax rate was over 70% from 1938 to 1982; corporations put trillions in tax havens. Alternative economics emphasize profit maximizing is not profit making. In financial capitalism,Profits explode, not investments.

Homo Economicus and Dethronement of the Profit Principle (tags)

Max Frisch summarized economism int he formula: "what brings profit is rational." Economism is a business ethics conception, a justification theory for profit maximization that declares ethics superfluous. Ultimately this is an "ethic" without morality.

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