“In addition, profits are so completely subordinated in Germany and Italy to requirements of a militarily conceived national interest and of full employment that the maintenance of the profit principle is purely theoretical. Profits have lost their autonomy as an independent, not to say the supreme, goal of economic activity.”

Source: 1930s- 1950s, The End of Economic Man (1939), p. 149

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American business consultant 1909–2005

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