Word: labor
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Dates: during 1960-1969
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Answers in Part. What accounts for labor's militancy? One reason is prosperity. In a time of low unemployment (now 3.8%), the worker commands a premium. Other goads are inflation and ever rising local and state taxes-not to mention the threat of a new 10% fed eral surtax (see following story). In their drive for higher wages, union members are rejecting one-seventh of the contracts accepted by their leaders...
...Labor's militancy is also prompted in part by inter-and intra-union rivalries, which force each faction to try to win more than its competitor. A bitter feud between the A.F.L.-C.I.O.-affiliated American Federation of Teachers and the older National Education Asso ciation has escalated teachers' demands in the past few years. Similarly, Walter Reuther may have been less ready for his U.A.W. to settle with Ford because of his own longstanding differences with A.F.L.-C.I.O. President George Meany...
Returning from the Labor Day recess, legislators reported an overwhelming feeling against the tax among their constituents; a clear majority of 240 House members is already on record against it. Even many liberals who are leary of thwarting the President are concealing their opposition by first pressing for reforms to plug tax loopholes. Laments a Democratic House leader...
...where he garnered a degree in business administration. He first emerged from the pack of personable young officers assigned to White House social duties when he was called to be a fourth at bridge for Lynda and two friends. The foursome soon shrank to a twosome. They spent the Labor Day holiday together outside Rehoboth Beach in Delaware on a stretch of sand known popularly as "Whisky Beach" or "the Passion Pit," which the Chamber of Commerce now wants renamed more decorously in honor of their courtship...
Marx's main purpose was to prove that capitalism matures into a monster and collapses from the ineluctable logic of its own laws, which tend to create monopolies and to oppress an increasingly impoverished working class. He introduced the theory of the surplus value of labor, which held that a commodity's value is determined solely by the labor that goes into it; as Marx saw it, the capitalist pays the worker only a poor part of the real value of his output while skimming off the surplus as unjust profit. In perhaps the most widely touted passage...