We are making no dialectical point when we demand a
defini- tion. As we ask in another part of our issue, does " profiteering " mean such increase as that made; and quite legitimately made, when the price of the Times was enhanced by a hundred per cent.--i.e., raised to twopence—and when a similar rise in price took place in the Daily Mail 1 If "profiteering " merely means the putting up of prices, then practically the whole nation is guilty because the rise has been universal, whether in the price of labour or of commodities. In the last resort, a rise in prices is often a necessary and beneficent corrective to scarcity, Femme it is only by such a rise that universal thrift can be secured in the use of commodities. Perhaps we shall be told that " profiteering " means an unjustifiable raising of prices. But that again is only begging the question in another way, for how is unjustifiable " to be defined ?
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