Word: greeds
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EPEA's latest project was a feasibility study on the re-opening, under community and worker control, of the shut-down Youngstown, Ohio, steel mill. Alperovitz's analysis of the much-ballyhoed "steel crisis" last year shows that corporate greed was the core of the problem, the catalyst for throwing Youngstown out of work. Youngstown Sheet and Tube, locally-owned and highly-profitable in the '60s, was 1969's Ripe Takeover of the Year. Lykes Steamship Company, based in New Orleans and one-seventh the size of Youngstown, borrowed the buy-out capital from Wall Street and elsewhere, using Youngstown...
...neoclassical theory, Alperovitz believes government budget deficits have had little to do with the inflation of the past six years. The four necessities--food, housing, energy, and health care--account for over 80 per cent of inflation, he maintains. In health care, for instance, there is no check on greed--third parties, the insurance companies, pay for most treatment, and doctors and hospitals charge whatever the "market" will bear. The result: spiraling insurance premiums and profits, soaring medical costs, and inflation. The only possible solution is national health insurance, to remove the profit motive, to ensure adequate medical care...
Bureaucracy, corruption, greed, sycophancy and fear lend themselves to comedy of universal scope, and that is why Gogol's The Inspector General, written 143 years ago, was born deathless...
...perhaps," said Federal Judge Frederick Lacey, to get the doctor acquitted; yet if he does, "the book goes down the drain. . . This is a sorry spectacle of a reporter who purported to stand on his reporter's privilege when in fact he was standing on an altar of greed...
...increased tendency of injured parties to sue somebody-anybody-has several roots. One is a heightened public awareness that government agencies, private companies and individuals are vulnerable to lawsuits, and that juries too often are overly generous. The publicity given to big awards awakens greed. Says Colorado State Senator Ray Kogovsek: "People read about these enormous settlements and they think, 'If this person got so much, maybe I have a right to that much too.' " Years of activist consumerism have also made people more alert to possible claims against institutional America. The act of suing, in short...