I see Ms Truss has missed the point again? Describing profits as not evil (or evil?) is irrelevant and perhaps playing to her audience's emotions? Profits are justifiable when a company is adding value: by satisfying customers, producing innovative, useful and cost effective products and services, reinvesting in its future, and rewarding employees adequately. In those instances it's reasonable that investors will be compensated. So even if I might disagree with some of their business practices or dislike their CEOs I see no reason why Microsoft, Google, BT, Tesla, Facebook, Airb'n'b, Easyjet, Oracle, even Ryanair and Uber if they follow regulations (although I think Uber are loss making at present …) shouldn't make profits - at the other end of the scale I hope some small businesses like Mildred's vegan restaurants, vegan friendly Sagar south Indian restaurants, Lush cosmetics, etc do make profits so they don't go bust. However, most utility companies haven't seemingly added much value, made many wise investments and often have made profits from prevailing circumstance because they're essentially monopolies or an oligopoly in what seems to be poorly regulated UK energy and other ulility markets. In fairness some, like Ecotricity, have invested in renewable developments and managed their businesses properly with forward purchases of gas, although even they have been reprimanded for increasing direct debits by too much, too soon. But back to my starting point, it seems some capitalists don't understand capitalism?
Michael Ixer ● 1271d