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Training students to take command and turn an ever bigger profit fulfills a venerable tradition, but as President Bok declared in a report on the business school in 1979, the corporation has become more complex and difficult to manage in recent years. Its executives must learn to deal with fractious minorities, imperious bureaucrats, foreign coups, angry environmentalists, OPEC maneuvers and, most perplexing of all, an increasingly widespread sense of uncertainty about the corporation's role in the nation's life. Said Bok: "Most classroom discussions

Author: /time Magazine | Title: The Money Chase | 5/4/1981 | See Source »

...been a hard time in the Old West for Jim Averill (Kris Kristofferson). Any marshal would have his hands full in 1890s Wyoming trying to forestall a range war between the evil cattlemen and the noble but fractious settlers. So when he reaches the home-whorehouse, actually-of his beloved madam, Ella (Isabelle Huppert), all Jim wants is some good loving and a week's worth of shuteye. No such luck: Ella has baked a pie for her beau. "It took me a whole day to make it," she purrs, "So you eat all of it." With courtly resignation...

Author: /time Magazine | Title: Cinema: Hollywood Harakiri: Take 2 | 5/4/1981 | See Source »

...other out. Elvis Costello has played a lot of clubs these last few years; after an angry, violent American tour, morsels of America sizzled in his brainpan, and in Get Happy!! Elvis thrust his middle finger up her dumb whore B-Movie hole, the music as hyper-energized, as fractious and scrappy as the country itself. It was a smashing, reverberating disc that some of us thought would go through the roof critically and commercially. Alas. audiences and rock critics can't digest so much. They prefer two-or-three-chord junk food--who said rock and roll wasn...

Author: By David B. Edelstein, | Title: Something of a Middlebrow | 4/2/1981 | See Source »

...Japanese may have captured nearly 15% of the British market and 17% of West Germany's new car sales. The Japanese now have 21% of the U.S. auto market. European automakers, like their American counterparts, will have to face the Japanese challenge by obtaining more cooperation from often fractious labor unions, boosting productivity and turning out cars that can compete with the Japanese in price and appeal...

Author: /time Magazine | Title: Slippery Roads | 1/12/1981 | See Source »

Without the power to discipline and reward, the always fractious F.D.R. coalition has pretty much fractured. Even many blacks deserted the party they used to support almost by instinct. A profound psychological shift occurred in American voters: they lost much of their desire or need to be part of a political majority, but instead formed themselves into single-issue constituencies, an oddly specialized and peculiarly destructive version of politics. In the era of single-issue politics, it is not a broad political agenda, a party's view of the nation, that is important, but gun control or abortion...

Author: /time Magazine | Title: Nation: Is There Life After Disaster? | 11/17/1980 | See Source »

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