I have only one issue with this line of thinking.
When people speak of "garnering more profits" - they make it sound like something evil. Unfortunately, we all want the economy to grow. We all want to make more money. We all want to be able to buy and spend with a little more comfort. We'd all like to own more things like a home, and be in less or no debt. Unfortunately, NONE of these things can happen if businesses aren't profitable. It bothers me when people believe that "profits" only exist in the form of a fat paycheck given to some asshole in a business suit. In reality, profits = expanding operations, opening new offices or plants, hiring new employees, reasearching new innovations and technologies, etc. When we start deciding that it's somehow bad to profit, we have decided that our entire system is bad.