Many don't feel like profit seeking motive generally has issues. Profit seeking is pretty much the thing that created the modern world. It just so happens that

Many don't feel like profit seeking motive generally has issues. Profit seeking is pretty much the thing that created the modern world. It just so happens that intent doesn't matter, results matter, and "ethical" intentions in economics pretty much always end badly. Unions are a particularly good example. The incentives in the way unions, especially major ones and/or public ones, are set up are the worst one can possibly imagine - they combine the monopolistic power of a giant corporation with incentives for fiefdom building/CYA/lack of incentives to improve of a government bureaucracy, plus the vetocratic incentives of the local NIMBYs. The practice of unions - from US auto industry, to teacher unions, to police unions - bears this out. I usually joke that I lost all respect for them when I learned that mafia were associating with the unions... all respect for mafia, I mean ;)