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What obscene profit margins?

April 26, 2017margins obscene profit

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What obscene profit margins?

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Petroleum and Coal Products – 7.4% profit Beverages and Tobacco – 10.1% profit Pharmaceuticals – 16.7% profit Commercial Scientific Journal Publishers – Greater than 30% profit Regular printers – 1.7% “Manufacturing, Mining, and Trade Corporations: Profit and Stockholders’ Equity Ratios 2001” Table 746 in Statistical Abstracts of the United States, 2002. http://www.census.gov/prod/2003pubs/02statab/business.pdf “Scholars Under Siege” at Create Change Web site http://www.arl.org/create/librarians/issues/silent.html “Scholars have lost control” at Create Change Web site http://www.createchange.org/librarians/issues/scholars.html [Create Change Web site cosponsored by Association of Research Libraries, Association of College and Research Libraries, and SPARC] Elsevier Press Release: http://www.library.yale.edu/~llicense/ListArchives/0303/msg00071.html Elsevier Press Release at: http://www.reed-elsevier.com/r-e/media/newsreleases/press2003/2003-02-20/ Orsedl, Lee Van and Kathleen Born. “Bi