Word: labor
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Dates: during 1960-1969
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...days the year before. For a start, he raised some $40 million by a tax on autos, collected delinquent income taxes by allowing payments on the installment plan. He boosted prices on fuel, electricity and subway fares-to increase the profits of state enterprises. To discourage costly labor disputes, he issued a decree calling for compulsory arbitration...
...result is that the modern American is not bothered by the waste of materials. What concerns him is time-his time. In the abundant U.S. economy, materials are relatively cheaper than labor. If something he can buy and throw away can save an American time, he does not feel it is a real waste...
Dealing with labor was another matter. When Ongania reduced the number of holidays and trimmed other fat enjoyed by longshoremen, some 8,000 union members in Buenos Aires went on strike. Ongania sent troops to protect those who wanted to work; soon loading operations were back to normal. Surprisingly, the largest union association, the Confederation General del Trahajo, chose not to defend the dock workers. When the C.G.T.'s new executive committee conferred with Ongania this month, he was in no mood to temporize. "I would like to be popular," he said. "Instead, we have a lot of sacrifices...
...concept of waste still held by most of the world grows out of scarcity, a situation in which materials are short and labor is the cheapest thing around-a situation that in many cases socialism has helped to perpetuate. In the U.S., the notion of waste also grows from the Puritan belief that negligent use of material things is sinful. "Waste not, want not," saith the preacher, and the phrase still echoes in the minds of older Americans not too far removed from the time when wax drippings were conserved to recast into new candles, or when boys made pocket...
...trouble it takes to return, store, ship back and resterilize a bottle, it is often cheaper to use a new one. In the case of appliances, a dishwasher might cost $150; after some years, it may cost $100 to repair it, since a highly paid repairman's individual labor is immensely less efficient than the assembly-line labor that produces the machine. In this instance, it would clearly be wasteful not to buy a new washer. Says Sociologist Seymour Martin Lipset: "The day may come when it is more expensive to launder a shirt than...