Credits and salesmanship can generate more profits.
Veblen (1923: 400) correctly thinks that profit “is widened
by raising the level of sales-price; both by efficient
salesmanship in the merchandising trade and by a
continued expansion of the outstanding volume of
purchasing-power through a continued creation of credit.”
When profits are widening, employment and income will
rise, and the economy is prospering. Governments can
obtain more tax revenues from people, as prosperity
continues.