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Stories purely about businesses, other than news items on layoffs or bankruptcies, are still infrequent. But one worthy exception was a series last week by CBS on "deindustrialization," or the disappearance of jobs in heavy manufacturing. Reporters Ed Rabel, Bernard Goldberg and Linda Douglass tellingly depicted the rise in productivity and entrepreneurial spirit among Third World competitors of Western manufacturers. The series disputed, moreover, the optimistic observation of a similar report by ABC's Richard Threlkeld a few weeks ago. Describing the retraining of jobless former auto workers in California, Threlkeld said: "These labor pains we are feeling...

Author: /time Magazine | Title: Press: The Dismal Science Hits a Nerve | 1/24/1983 | See Source »

Threlkeld, Rabel, Goldberg and Douglass, interestingly, are not regularly assigned to economics stories. But increasingly the networks are scheduling more coverage of commerce and finance than even the expanded specialty staffs can handle. Sums up NBC's Frank: "Economics is creeping into everything. All of our reporters need to acquire economic literacy...

Author: /time Magazine | Title: Press: The Dismal Science Hits a Nerve | 1/24/1983 | See Source »

...Douglass's reaction: "I suppose that had it not been for the imminent birth of our child, I would have felt a keener jealousy, a deeper bitterness...

Author: /time Magazine | Title: Books: Soul on Fire | 4/12/1982 | See Source »

...slap on the wrist, and here Ike is, doin' it to himself. " On black college students at the affirmative-action gate: "I see them a few years down the line, having smacked the wall, backing away, murmuring, 'I be goin' to figure this out.' " Douglass's own conclusions are black and white, them against us. He carries a revolver, which he once used to drive off attackers while on a civil rights assignment in the South. He nearly strangles a cab driver who refused to stop...

Author: /time Magazine | Title: Books: Soul on Fire | 4/12/1982 | See Source »

...blocked by sirens, ogres and, in the literary Establishment, men who have been turned into swine. There is even a faithful Penelope. On the other hand, Cato Douglass is meant to be a star witness for the prosecution of society. In fact, the novel's memoir form ensures that he is always on the stand. His accusations are clear, but his evidence is not easy to sort out. Eloquence is frequently drowned out by bombast, and testimony too often has the imprecision of hearsay. For all its forthright bitterness, !Click Song is guarded. It is as if its author...

Author: /time Magazine | Title: Books: Soul on Fire | 4/12/1982 | See Source »

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