"Profiteers" and "Privateers" close in semantics and in meaning. The former meaning a person in today's society who capitalizes on a profit making opportunity. The latter a term dubbed on pirates who sailed the seas in search of loot. I am currently reading a biography (in my Founding Father quest) on the father of the US Navy: John Paul Jones. His character was impeccable. His mariner skills keen. His spirit to fight injustice unparalleled. As a Scotch sailor, he quickly joined the American bandwagon for "equality for all" versus a society of the privileged based on monarchy. Everything he did (his raiding of the English coasts in retaliation for the British raiding & burning of American eastern seacoasts), his sea battles, his diplomatic overtures in France were made on principle: to secure democracy for everyone. Yet his detractors claimed he was a "Privateer", a pirate. He had many opportunities to profit as a privateer but did not.
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