When did "profit" become a dirty word? (premium, insurance, companies)

[BentBow]

At what point did making a profit as a business, become a very bad thing, according to many progressive liberals?

[Sagran]

The problem is excess profits. Remember the 80s when greed was good? Screw the consumer to make money for the stockholders.

[XodoX]

It became a dirty word when insurance companies dropped cancer patients ( or whoever ) and left them there to die, after years of charging extremely high premiums.

[AnUnidentifiedMale]

Originally Posted by BentBow

At what point did making a profit as a business, become a very bad thing, according to many progressive liberals?

You tell us. When did it? I sure as hell don't know, and I consider myself to be a liberal who likes making a profit.

[flash3780]

Originally Posted by Sagran

The problem is excess profits. Remember the 80s when greed was good? Screw the consumer to make money for the stockholders.

What constitutes "excessive profits"?

[BentBow]

Originally Posted by AnUnidentifiedMale

I don't know. You tell us. When did it? I sure as hell don't know, and I consider myself to be a liberal who loves making a profit.

I didn't know it was until recently.


No one forces anyone to buy anything. Well not yet.

[BentBow]

I feel it is the difference in employee and business owner.

Employees have no clue.

Business owners have all the risk. They are not in business to give someone a job.

[JustCallMeTC]

Originally Posted by BentBow

At what point did making a profit as a business, become a very bad thing, according to many progressive liberals?

Profit is not a dirty word. Profiteering, most certainly is.

[SLCPUNK]

Originally Posted by BentBow

At what point did making a profit as a business, become a very bad thing, according to many progressive liberals?

Never heard of such a thing.

I've never complained about making a profit. Maybe quit reading so many right wing blogs, go outside and see the real world for a change.

[flash3780]

Originally Posted by JustCallMeTC

Profit is not a dirty word. Profiteering, most certainly is.

Profiteering: to make an unreasonable profit, as on the sale of difficult to obtain goods

What's an unreasonable profit? What are difficult to obtain goods? It's completely subjective.