Word: landmarks
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Galbraith's final chapter, "Historical Process and the Rich," is simply an updated rehash of his landmark book. The New Industrial State, in which he argues that the free market exists only in the minds of capitalist ideologues and that the economy, free of governments intervention, is controlled by large organizations-big business and trade unions. Since corporations plan out production and to some extent anyway, prices, he argues that government planning would only be a minor change and a great improvement over the current system. The most controversial of his proposals is the call for price and income policies...
Builders try to overturn the landmark status of Lever House
...first thought, the idea of preserving New York City's 31-year-old Lever House as a historic landmark seems absurd. To some observers, the 24-story, blue-green glass slab seems shabby and unimpressive in the ice canyon of Park Avenue's taller and newer glass slabs. Yet last November the city's unsentimental landmarks preservation commission said that Lever House was worth saving. It pronounced the building in effect as important a memento of America's history as, say, the gilded facade of Grand Central Terminal, about ten blocks down the avenue. Now Fisher...
Despite its relative youth and somewhat dilapidated appearance, Lever House is as worthy a landmark as Grand Central Terminal. If Lever House, which is smaller than zoning codes permit, is an inefficient moneymaker and a somewhat obsolete office building, Grand Central is almost antediluvian. Nonetheless, New York's historic preservationists won an important battle five years ago when the Supreme Court defeated a preposterous proposal to build a new skyscraping tower on the old structure...
There are no longer snaking lines at the lifts feeding Ruthie's Run, Aspen's best-known trail. In the past year the landmark Red Onion saloon has closed, along with several other restaurants. Five lodges, including the 170-unit Continental Inn, are in the midst of foreclosure. Retail sales growth has slumped from the peak years of the 1970s, when profits grew at an annual rate of more than 15%. Owners of chic boutiques and eateries gripe that business is significantly down from last season. The "Silver Queen," as residents fondly refer to their town, even looks...