What bilge. Profits are the signal that tells society there is an unfulfilled need and drives deployment of our cumulative labors and resources in the most efficient possible manner. So long as there are no barriers to competition, there should be no controls on profits.
“But profit, just like fire, profit needs to be controlled or it will consume itself.”
Sheer sophomoronic sh*t!
When profit rises sufficiently, competition enter that field, and soon profits are driven down by competition.