Word: israel
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Dates: during 1960-1969
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...speech sponsored by the M.I.T. student body, Ali-who used to be known as Cassius Clay-pointed out that the American black man feels he has no stake in America as it exists today. "Cubans come from Cuba; Chinese from China; and Israelis come from Israel. But what about the 'Negro?'" he asked. "Most Black people just haven't been taught to appreciate themselves...
...cent of Negroes, and so forth. This will be a most difficult thing to accomplish, and blacks and whites who want this to come about must be as tough and realistic as Mustafa Kemal's Turks, Castro's Cubans in the early years, and the Jews of America and Israel. There is need for strict population control, millions of federal dollars, reorganization of ghetto government structures, and wide-open housing...
Brutal Diagnosis. The need is urgent because Israel's economy has been ailing for months. During its early years of headlong economic growth-at average rates of 9% a year-Israel's imports raced beyond its exports, resulting in a chronic balance of payments deficit. To right the balance, the country in 1965 resorted to a tough dose of economic mitun (restraint), which slowed inflation, though at the cost of a standstill economy and mounting unemployment (now 8%) in Israel's 927,000-man labor force. Mitun was a casualty of the Six-Day War, as Israel...
When he called in 50 businessmen for an economic conference soon after the war, Eshkol got a brutal diagnosis of the country's ills. They complained that exports were hopelessly hobbled by high taxes, government meddling and Israel's undisciplined labor force. More serious, they said, was the fact that Israel could never hope to attract more than sentimental investment in its private sector while its socialist system encouraged control of 24% of the nation's overall production by Histadrut, the nationwide labor confederation, and government ownership of such key industries as aircraft and mining...
Last week Israel made it clear that private enterprise would be welcome. Finance Minister Sapir drew cheers when he announced a two-year wage freeze and such investment inducements as tax breaks, merger assistance and even credit for apartments purchased by foreign businessmen. To show that he means what he said, Sapir also put four state-owned banks, plus the country's electric utility company, on the block for sale to private investors...