Word: labor
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Dates: during 1960-1969
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...epitome of the moderate labor leader is Texas Democrat Ed Watson, 48, son of a deputy sheriff and now vice president of Local 4367 of the Oil, Chemical and Atomic Workers Union. This will be his first national convention, but Watson has been a political activist since 1952, when he lost a bitter factional fight in his local precinct. "The issue then-as now-was whether liberals or conservatives would control the Texas Democratic Party." Watson favors Humphrey, and thus finds himself for once on the same side as his longtime conservative opponents...
...also finds that not all is hopelessly bleak in Russia. "We have demonstrated the vitality of the socialist course, which has done a great deal for the people materially, culturally and socially and, like no other system, has glorified the moral significance of labor." At the same time, "the continuing economic progress being achieved under capitalism should be a fact of great theoretical significance for any nondogmatic Marxist. It is precisely this fact that lies at the basis of peaceful coexistence, and it suggests, in principle, that if capitalism ever runs into an economic blind alley, it will not necessarily...
After more than half a century of prosperity and welfare-statism, South America's smallest republic had grown increasingly noncompetitive in world markets with its two main exports: beef and wool. State-owned enterprises, which employ a quarter of the labor force, had grown to what Pacheco calls a "three-bodies-for-every-job bureaucracy." Pensions, which working mothers, for example, can start collecting after ten years on the job, had become a way of life. Huge, Communist-backed unions were constantly on strike...
...respond to another swerve in policy. The surtax will have some bad effects for companies: it will cut into corporate profits and decrease spending for improvements. At the same time, the new tax ought to make some change in the tenor of company-union relations. Up to now, when labor negotiations are fiercer than usual, the advantage has been with labor. With full employment and rising prices, unions have been able to negotiate contracts with an average increase of 5% or 6% in wages. The surtax may change this. Economists estimate that one effect will be to in crease unemployment...
...period and contemporary, Babe has managed to chew on man of the principles of American politics and through them, illustrate those of world history--the frenzied ideology of race, the underlying economic basis of exploitation. At great risk to themselves the Chestnut household insists on appropriating black labor to work its fields; this is satisfying both on an economic level and on the undefinable level at which the Southern family feels more natural and right with black help around...