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The likely negative results of a pull-out (more pressure on the pound, reduced investment by the multinationals, and strained relations with the Continent) were far easier to discern than the positive impact of staying in the EEC. The most persistent economic argument in favor of British membership is based...

Author: /time Magazine | Title: BRITAIN: Saying 'Yes' to Europe | 6/16/1975 | See Source »

In the American musical, dance has sketched a profile of the U.S., both geographically and psychologically. There has been the rustic rondelay, a handholding, earth-stamping ritual testifying to the vernal purity of the prairie. There has been the subway serenade-urban jostle, excitement and speed. Always there has been...

Author: /time Magazine | Title: The Theater: Dance of Life | 6/2/1975 | See Source »

Such sinking, called subsidence by geologists, can occur naturally. In river deltas, for example, as muddy sediments pile up, their weight often grows great enough to press down the land beneath them. Subsidence can also take place on a larger scale as a byproduct of the creeping movements of the...

Author: /time Magazine | Title: Science: Another Kind of Depression | 6/2/1975 | See Source »

Despite the talk of greater European self-reliance, there are few indications that the Continent is moving toward the kind of political cohesion that would turn slogan to reality. The Atlantic Alliance is in an embarrassing state of disarray: Britain, The Netherlands, Belgium and Denmark have cut their defense budgets...

Author: /time Magazine | Title: EUROPE: View from the Balcony | 5/19/1975 | See Source »

By instinct and tradition, U.S. labor unions have been content to leave the actual running of companies to management, preferring to stress the bread-and-butter issues of wages, hours and working conditions. But in Europe, worker participation in management decision making is an established idea that keeps spreading continually...

Author: /time Magazine | Title: MANAGEMENT: Workers on the Board | 5/19/1975 | See Source »

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