Op-Ed Contributors - Are Profits Hurting Capitalism? - NYTimes.com

Op-Ed Contributors - Are Profits Hurting Capitalism? - NYTimes.com: "The reason for all this saving in the United States is that public companies have become obsessed with quarterly earnings. To show short-term profits, they avoid investing in future growth. To develop new products, buy new equipment or expand geographically, an enterprise has to spend money — on marketing research, product design, prototype development, legal expenses associated with patents, lining up contractors and so on."