Word: entrepreneur
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Dates: during 1960-1969
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...modern corporation has become just too large for any individual to swing much power. The entrepreneur, like the father of a bee, "accomplishes his act of conception at the price of his own extinction." Shareholders cannot even pretend to power because ownership of stock has become so diffuse. Big capitalists and bankers have lost influence because the typical corporation generates its own funds and does not need to borrow so much. The corporation has also become so bafflingly complex that even the chief executive is often little more than a symbol, a cheerleader and a rubber stamp for decisions that...
...Convince the Donor. The campus quest for money is so pressing that academic administrators today spend most of their time in hot pursuit of potential donors. As Ford Foundation President McGeorge Bundy notes, "The private university that does not choose an entrepreneur for its president is bound to be sorry." Yale has had little reason to be sorry that it chose Kingman Brewster, whom U.S. Education Commissioner Harold Howe calls "one of the most lively voices in higher education today." Although not an educational philosopher in the style of Clark Kerr or James Bryant Conant, Brewster is an outgoing activist...
...rest of the year. But it is community in a negative and at times rather ugly sense, bringing to the surface a kind of Harvard snobbery that either hurts or greatly amuses those others who come to Cambridge looking for Harvard. At the beginning of last summer, some clever entrepreneur sold "I Go Here in the Winter" buttons to those who could furnish appropriate proof, but there are subtler ways--an abbreviation dropped here, a bit of history recalled there, a nickname spoken ever so casually in the Yard--to make the point, and everyone becomes adept at the game...
...there is hardly a stereotyped opinion-or character-in the book on either side. His grandfather is pictured as first looking forward to the Nazi reign with something like enthusiasm, since he had never forgiven the Communists for robbing him "of his dream of getting rich" as "an entrepreneur." And although hatred for the Germans seethes through nearly every page, Kuznetsov also renders faithfully the few encounters with Germans who showed him or his family any kindness...
...plenty of fun (and profit) as an entrepreneur," he said, but from now on he wanted to be a journalist. For the next quarter of a century, he turned his attention primarily to the editorial content of his magazines and the affairs of the nation and the world...