Word: driftful
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...many business managements are unwittingly taking an active part in the drift toward the "welfare state," Dean Donald K. David of the School of Business Administration said yesterday in the January issue of the Harvard Business Review. "Featherbedding" of capital, avoidance of risk taking, running to government cover when expedient, and restrictive trade practices are among the danger signs mentioned in "The Danger of Drifting...
Unlike many devotees of the science he served, he never confused what he wanted with what he predicted. He saw a drift towards Socialism and state ownership of the means of production; yet he also was quite clear in confessing regrets. He succeeded in analyzing the dynamics of the free enterprise system far beyond the understanding of most in his age, but he honestly faced the possibility that capitalism with all its fond folk lore was a thing of the past. When he found himself in opposition he expressed it as an individual, and he never took personal refuge...
...tried to win the 1948 presidential nomination for Senator Vandenberg, said that he personally was clear on what the party's position should be: "I think everyone here will agree with me that the difference between the Roosevelt and Truman Administrations is that with Roosevelt we were drifting toward socialism, but with Truman there is no drift-it's a headlong rush . . ." Said Summerfield: "We must be brutally frank." The G.O.P. should "divest itself of 'me-too-ism' and go to the people with a program clearly defined and unmistakably in opposition to that now offered...
...Journalist Davenport, an able reporter, analyst and critic of many phases of the U.S. and world economy, did corporation stories and FORTUNE'S monthly Business Roundup, conducted a column (Books & Ideas), wrote editorials and such notable politico-economic articles as "Socialism by Default," an analysis of the U.S. drift toward collectivism. He was also coauthor, with LIFE's Charles J. V. Murphy in 1945, of The Lives of Winston Churchill, and helped edit and summarize conclusions of the first Harriman report on Europe (TIME, Nov. 17, 1947) and the Hoover commission reports...
...only a single continent (Pangea), but the continuing rise of the core material and its spreading out near the surface broke Pangea into chunks and carried them apart. His theory, says Urey, accounts for the remarkable fact, first pointed out by Alfred Wegener in his theory of continental drift, that the eastern coast of the Americas looks as if it had been split away from the western coast of the Old World...