Word: karle
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Ronald Reagan's student supporters, many garbed in t-shirts emblazoned with a crossed-out portrait of Karl Marx, kicked their celebration off with a high-decibel recording of "Midnight Train From Georgia...
Last week the Post gained a new owner, and new hope for halting its long decline. The Times Mirror Co. scooped up the paper for $95 million. It thus beat out the Washington Post Co.; Oil Millionaire Marvin Davis, 55; independent Media Mogul Karl Eller, 52; and others eager for a stake in the fast-growing, energy-rich Denver market. Times Mirror had revenues of $1.6 billion last year from a variety of communications businesses (cable TV, magazines, book publishing). The firm also owns seven newspapers, including the Dallas Times Herald and Long Island's Newsday. But Times Mirror...
Such monetarists as the University of Rochester's Karl Brunner and Carnegie-Mellon's Allan Meltzer, who believe that excessive money growth is the main cause of inflation, argue that the Reserve Board is still paying too much attention to interest rates and has reneged on its promise to level off the expansion of money. And many economists in Europe, where confidence in the dollar is crucial, join in the critique. Grumbles Kurt Richebacher, the chief economist of West Germany's Dresdner Bank: "The volatility of the U.S. money supply is not just awful...
...Americans with workers from other nations can lead to a decline in U.S. exports. Reason: the difficulty of adapting to American-style operations. Says Gibson Durfee, president of Westinghouse Nuclear Belgium: "Obviously, if you whittle away American representation abroad, you carve away at America's competitive position." Adds Karl Gelbard, who is leaving Merrill Lynch's Hong Kong office partly because of the tax burden: "I need Americans to sell American stocks. But I cannot afford to bring them in from...
...stolidly relentless vehicle of Marxism lumbers through history toward the light, its honored cargo has always been a rather dense abstraction called "the proletariat." But Karl Marx never lavished much bourgeois sentimentality on the proletariat in person, on real workers as individuals. In their private correspondence, Marx and Engels even referred to them as "stupid asses...