Word: itt
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...other hand, those polled viewed a number of recent political misdeeds as "routine." These included the attempts to sabotage the campaigns of Democratic presidential candidates and the evidence that the Nixon Administration gave ITT a favorable antitrust settlement in return for a $400,000 Republican Convention pledge...
...Sovereign State of ITT, Sampson...
...conclusion, Sampson confesses to bewilderment at the effects of ITT and other multinational corporations--a bewilderment apparent in his insistence that the company is both a "maverick" and an organization that "takes the capitalist system to its logical limits," so that "for any ambitious businessman, it is an anticlimax to retreat back from those limits." There is no obvious reason not to believe both these statements: few organizations carry anything to its logical limits. ITT offers us a chance to study the workings of the profit motive in as pure a form as they are likely to assume. Like Gerrity...
...DELIVERING the goods, ITT and other multinationals have helped to bind the world into the single economic network social anaaysts have predicted for centuries--Sampson has a particularly good passage on the Americanization of ITT employees--and in so doing, these companies have helped bind the world in a tighter political network, as well. Chilean workers face the accumulated strength of American capital; at the same time, though Sampson doesn't stress this much, American capital faces the emerging strength of Chilean workers. For if it is true that ITT proposed to devote its American profits to defeating revolution...
...time when this strength is so blatant and so blatantly used, its source is easily forgotten. But forgetting would be a mistake. ITT's accomplishments in helping to build the economy of Chile, detailed by a company spokesman on the August 8 New York Time's Op-Ed page and implicit in The Sovereign State, are as real as its efforts to help the CIA tear down that economy yesterday and today. American capital, applied by firms like ITT, has increased people's power--over nature, and over other people--to an extent unthinkable to the giants of the past...