Word: baseness
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Dates: during 1970-1979
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...conflict developing between the North and the South over capital investment--the runaway shop, the declining Northeast industrial corridor, the advantages for corporation investment in the Sunbelt such as room to expand, right to work laws, and limited unionization. Rifkin and Barber, taking the inevitable scenario for their base, analyze the reasons behind declining union membership, the anti-northeast corporate strategy and the failures of the business unionism to address these issue, and introduce a new factor--social capital in pension funds...
They present a strong argument for a workable solution--the return of control over pensions to the real owners of the capital and the implementation of an alternative economic base independent of the private-capital sector...
...Basically, the city was penalized for providing more social services than anyone else: tuition-free colleges, welfare payments above rock-bottom poverty level and so forth. Blatant mismanagement gratly contributed to the city's problems. But the main feature of the crisis was New York's scuba-diving tax base, resulting from the flight of industrial capital. Companies fled for many reasons, ranging from the ones which relocated in Stamford, Connecticut to be nearer their chief executives' homes, to the ones that went to Texas to avoid unions. But the tone was set by the bankers and brokers...
...Yanks tallied early on a Roy White homer which squeaked inside the right-field foul pole. In the second inning, Bucky Dent popped a grounder to third base, scoring Nettles for a 2-1 Yankee lead...
...Dodgers countered in the top of the third when center-fielder Bill North scored on a Bill Russell grounder to deep short. A close call by the first-base umpire (giving rise to Yankee fans' cries of "Bullshit, bullshit") helped out on the play...