Profit is THE motivator in business.  It's what drives progress.  TVs havdn't gotten so much better over the years because manufacturers want us to have a better viewing experience.  They do it because they want to sell more units than the other guy.

Remove the profit incentive and businesses will tread water. Competition and profit are positive.

P.S. When I start hearing about how profit is such a bad thing, assuming the writer is a liberal is a logical assumption.