Word: 1980s
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...health care. It has shaken up its labor market, which has led to a drop in unemployment (although the proportion of jobless, at 8.8%, is still well above the European average). The move to ever shorter working hours that culminated in the 35-hour week in the late 1980s has been reversed; millions of Germans have been working longer in the past two to three years without increased pay. The latest: 50,000 employees at Deutsche Telekom, the former state telephone monopoly, who accepted an extended workweek and a pay cut to protect their jobs...
...also driven some hard bargains with its workforce. It began to back away from rigid German working hours in the late 1980s, when it opened a new plant in Regensburg to produce the 3-series. Its goal even then was to decouple the union-regulated workweek from the amount of time its factory was in operation. Management made flexible working hours a condition of its investment in the plant. The demand infuriated the powerful German autoworkers union, IG Metall, but the syndicate had little choice. "Without these restrictions we wouldn't have come up with these solutions...
...subject of a 1949 cover story in this magazine. Bill Clinton posted Pamela Harriman as his ambassador to France. It was the least the President could do for a woman who used her talent for entertaining, and her husband's money, to bring fractious Democrats together in the 1980s, eventually uniting them behind the young Governor of Arkansas...
...life. But when governments grant people legal means to control their assets, they empower them to invest and plan for the future. In San Francisco Solano, a barrio outside Buenos Aires, Argentine economists studied the experience of two communities--one that received title to its land in the early 1980s, another that did not. The group of neighbors that had received legal title to its land surpassed the group without title in a range of social indicators, including quality of house construction, education levels and rates of teen pregnancy...
...spotted a long string of tables along the Meuse River, and walked over to find about a kilometer of vendors (yes, I now think in the metric system) selling truly random and useless things to very excited crowds. Rusty skis from the 1980s sat alongside massive teddy bears, buckets of Dora the Explorer pins, countless musty books (my favorite: the biography of Jacques Chirac published in 1982), and a box full of ancient-looking, browned cartes postales...