Word: chileanization
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Meanwhile, the paralyzing strike of Chilean truck owners and retail merchants continued. Announcing the Cabinet switches, Allende charged that the month-long strike by truckers protesting the threat of nationalization had already cost the country more than $100 million and had put 90,000 construction workers out of jobs. For openers in his new role, Briones threatened to withdraw armed protection from the truck owners and give it instead to leftist strikebreakers, but the stalemate was unresolved. (In Allende's Chile, paradoxically, most strikes have been staged not by labor groups but by conservative small-businessmen and professionals against...
...system of continuous expansion; of his reassuring observation (to an antitrust committee concerned at his attempted takeover of the American Broadcasting Company) that "the highest ingredient that a newsman has for sale is his professional integrity;" of his company's notorious attempts to finance the Republican convention and the Chilean counter-revolution; and of his public relations director Edward Gerrity's comment on the effect of these scandals on ITT's business: "The reservations for Sheraton hotels have been a record...
...other multinationals have helped to bind the world into the single economic network social anaaysts have predicted for centuries--Sampson has a particularly good passage on the Americanization of ITT employees--and in so doing, these companies have helped bind the world in a tighter political network, as well. Chilean workers face the accumulated strength of American capital; at the same time, though Sampson doesn't stress this much, American capital faces the emerging strength of Chilean workers. For if it is true that ITT proposed to devote its American profits to defeating revolution in Chile, it is equally true...
...verge of a civil war and we must prevent ..." Salvador Allende Gossens managed to warn his audience on nationwide television last week before the lights flickered twice and the screen went dead. Saboteurs had blown up the tower supporting a main electric circuit in Santiago, leaving the Chilean President without a live camera and 60% of the population in the dark. An hour later, thanks to some fast splicing, Allende was back on the air, his voice strained, blaming right-wing elements for this latest terrorist...
Given Chile's hopelessly snarled economic problems, Bonilla's solution sounded a bit too simple. The fact is that Chilean workers who now earn around $30 a month, will need substantial pay boosts in order to offset inflation, which, at 300% a year, is the highest rate in the world. If they are granted such huge wage increases, the inflationary trend will continue soaring, wiping out their gains. They are ensnared in an economic Catch...