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The Roman nobility, prohibited by law and by custom from investing in commerce or industry, profited from the economic distress of the peasantry by buying up large tracts of land in central and southern Italy.
He worked in the movie industry, profited from the Internet boom, dabbled in art, developed an interest in women's perfume scents and now buys, sells and renovates Brooklyn real estate.
One critic, Yves Smith, of the financial blog Naked Capitalism, chastised it for not digging into how the financial industry profited obscenely (and in her view, fraudulently) by deliberately creating "toxic instruments" like subprime-mortgage-backed securities just to bet against them.
Similar(57)
For certain, industry profits are soaring.
Industry profits were forty-nine billion dollars that year.
He predicted industry profits would be a record $46 billion.
But industry profit margins will narrow as competition gathers.
They placed industry profits ahead of public safety".
That will pose a major threat to drug industry profits.
In the fifties, auto executives told Congress that making seat belts compulsory would slash industry profits.
Thus, once again, the government has favored industry profits over public health.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com