In praise of obscene profits

This subject of profits raises an interesting question: is there ever such a thing as obscene profits? After all, profit is the goal of corporations, not an accidental by-product of their existence. What do oil companies do with their profits? They look for more oil. They refine their techniques to make the process of finding and extracting their commodity more efficient and environmentally safer. They create more jobs. And they pay their investors dividends out of their profits. Nothing obscene about that …

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