He has a tempered admiration for the profit system.
It seeks to reform the bonding-for-profit system with one that is rational and effective.
In our fragmented for-profit system, market incentives for public health have been corrupted.
He said a not-for-profit system would attract fewer external providers.
We suspect that as soon as you attempt to endow the profit system with a guarantee profits, you have probably removed the system itself.
HIS humanist proposal is to develop a nonprofit sector of the economy that stands mostly apart from big government and the profit system.
("Argument 4: Even when the private profit system produces the right goods, it denies them to those who need them most, the poor").
("Argument 7: At first glance it might seem that the profit system just produces what rich people want. But this is wrong").
In much of the country, an alternative to commercial distribution is nonexistent; yet other art forms rely on the not-for-profit system.
A new report by the US Institute of Medicine has found that America's for-profit system squanders around $750bn£464bnbn), or 5% of GDP, on waste, fraud, duplication, and bureaucracy.
The for-profit system, which enrolls only about 12 percent of all students in higher education, absorbs about a quarter of the federal government's $155 billion student aid budget.
