Word: jonesism
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Dates: during 1970-1979
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This time around, though, he might not be able to enact controls even if he wanted to. Wilson's appeal rests primarily on his image as the one politician on friendly enough terms with the Union leaders to keep them in check. If Labour is in power, so the argument...
Most previous attempts to rid statute books of these sacred cows have got nowhere. The special interests, confesses a White House economic aide, "come at you with hammers and knives" - as well as fat campaign contributions - and it is hard to arouse the public's interest. Most of the...
Otherwise, the business news continued gloomy. The stock market, which spurted two weeks ago on anticipation of the prune-rate cut, plummeted, reflecting disappointment that Morgan Guaranty's initiative did not take hold more quickly. The Dow Jones industrial average dropped 49 points during the week, to close at...
The Labor Party's hopes for union cooperation were further dashed by the fact that the strikers are members of the Transport and General Workers' Union, whose leader, Jack Jones, is the chief union architect of the social contract. Although Jones is regarded as one of Britain'...
The hopes are not quixotic. Government policy papers still routinely make the rounds of the T.U.C. before being published or debated in the House. Just how strong is union influence within the Labor Government? According to one illustrative story, a minister unconsciously reversed the old "I'm all right...