--- title: "Meaning & Key Takeaway of: It is significant that while there is a…" description: "\"“It is significant that while there is a word \"profiteer\" to stigmatize those who make allegedly excessive profits, there is no such word as \"wageer\" -..." image: "https://sms4smile.com/quotes/i/381/henry-hazlitt-2839_excessive-profits_it-is-significant-that-while-there-is-a_2875106.jpg" --- # It is significant that while there is a word "profiteer"… ![“It is significant that while there is a word "profiteer" to stigmatize those who make allegedly excessive profits, there is no such word as "wageer" - or "losseer.” quote by Henry Hazlitt](https://sms4smile.com/quotes/i/381/henry-hazlitt-2839_excessive-profits_it-is-significant-that-while-there-is-a_2875106.jpg) [Download](https://sms4smile.com/quotes/i/381/henry-hazlitt-2839_excessive-profits_it-is-significant-that-while-there-is-a_2875106.jpg) [Open image](https://sms4smile.com/quotes/i/381/henry-hazlitt-2839_excessive-profits_it-is-significant-that-while-there-is-a_2875106.jpg) > ““It is significant that while there is a word "profiteer" to stigmatize those who make allegedly excessive profits, there is no such word as "wageer" - or "losseer.”” [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The lack of a term for low‑wage workers highlights societal bias that condemns high profit while ignoring wage exploitation. **In simple terms:** Society labels profit but not wage exploitation. Key Takeaway Recognize and name wage exploitation. Themes inequality language economics Mood critical reflective Type analytical social critique When to use this quote - labor negotiations - policy advocacy - public discourse Key Concepts social bias economic justice Questions to Reflect On - How does language shape economic perception? - What policies can address wage exploitation? 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