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...realm below?in the economy, or the "substructure" of capitalist society, as Karl Marx called it. Industry has ruthlessly cut costs by downsizing and off-shoring. Today, Germany's unit-labor costs have fallen way below those of Italy, Spain and France. While job-protection remains a holy cow, business and labor have quietly agreed to let weekly working hours creep up and paid vacation days come down. Almost one-third of the German workforce is now temporary or part-time, granting companies a generous measure of flexibility. Nationwide labor contracts have long been sacred, stubbornly ignoring local economic conditions...

Author: /time Magazine | Title: How to Change Without a Revolution | 9/26/2005 | See Source »

...thanks to research and ROTC participation Berea and Kenyon are among Top 10 Schools You've Never Heard Of The two top music-business schools: N.Y.U. and Belmont University Where U.S. News' winners rank Princeton lags at No. 44 because relatively few Tigers receive Pell Grants With its purple-cow mascot, Williams makes the Most Spirited Top 10 Another plus for Harvard: Boston is deemed one of the Top 10 music scenes Extra credit California state schools UCLA, Berkeley and San Diego all make the Top 10 Best euphemism: Top 10 Fun-Loving Schools (e.g., Holy Cross and Bucknell) Free...

Author: /time Magazine | Title: Best Schools? The Alt Guides | 9/19/2005 | See Source »

...TAXES They have to be made more rational. Congress has found the ultimate cash cow in the U.S. airlines, which pay 14 separate taxes. The Air Transport Association says the industry is going to lose $10 billion this year, but the government is taking $15.2 billion in special aviation taxes and fees. If the industry were to pay only one-third of its taxes for 2005, it might break even! Few passengers realize that more than 20% of the average $200 ticket is taxes and fees. The government is hooked on those revenues like a junkie and can't seem...

Author: /time Magazine | Title: How to Fix the Airline Mess | 9/19/2005 | See Source »

...been happening on TV lately--or, more accurately, hasn't. Everybody Loves Raymond, which signed off in May, was the last sitcom in the top-10 most-watched TV shows. In the 1996-97 season, there were seven. That might not matter, except that sitcoms are TV's cash cow: they do better in reruns and sell for far more money in syndication...

Author: /time Magazine | Title: A Tale of Two Sitcoms | 9/17/2005 | See Source »

...underneath the façade of generosity is a huge cash cow. Bottled water is one of the most profitable retail beverages, and Starbucks is clearly aiming to increase its sales of water with Ethos’ marketing campaign, which includes brochures and signs in its stores. Considering that Starbucks has 4,666 stores in the U.S. (as of April) and charges $1.80 per bottle—for an approximate $1 profit (Starbucks wouldn’t confirm this amount)—the corporation is set to make far more in profit from Ethos than what it has promised...

Author: By Nicholas F. B. smyth, | Title: An Ethos of Greed? | 9/16/2005 | See Source »

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