Word: leveller
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Dates: during 1980-1989
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...year period). IBM has tried to become lighter on its feet by cutting staff, modernizing factories and streamlining its process for getting new products to market. But results ! have been slow in coming. Last year's profits of $5.3 billion were 20% below the 1985 level...
...stop shopping: customers can get a haircut, buy a refrigerator and stock up on paper towels in one trip. Most "malls without walls," as Walton calls them, draw crowds with an old-fashioned lure: everyday discounts. Prices are reduced as much as 40% below the full retail level. Hypermarkets make money even at such thin profit margins because they sell such an enormous volume of goods. Hypermarket sales average at least $1 million a week, compared with $200,000 for a conventional-size discount store...
...high-ranking Israeli official told TIME last week that in late 1984 Israel was approached, first by Jordan, then by Iraq, for assurances that the ) pipeline would not be attacked. After high-level government discussion in late 1984 or early 1985, the official said, "we told them, go ahead, and have never heard a word about the project since...
These rational factors go only part way in explaining the extraordinary anticipation that Phantom has aroused. The show apparently taps into yearnings for a transporting sensory and mystical experience: in a word, for magic. On that primal level, despite considerable and at times embarrassing shortcomings, Phantom powerfully delivers. The story may be muddled, the characters sketchy, some performances shallow and the music often slushily derivative. So what. For those who seek an equivalent to a ride through the Haunted Mansion at Walt Disney World -- seemingly a vast proportion of today's Broadway audience -- Phantom is a brilliantly manipulated journey, scary...
...necromancer, dematerializing, teleporting, even dodging bullets. He defies the laws of gravity and physics: his kingdom in the bowels of the Paris Opera House is reached by rowing across a subterranean lake through which candelabra rise and descend, mysteriously unquenched. The lagoon seems to be at or above the level of his hideaway, yet his chambers remain unflooded. Allow oneself a moment's skepticism and the story turns to piffle. But audiences give themselves over to the fantasy concocted by Prince and Designer Maria Bjornson, letting logic evanesce as long as the sights and sounds are glorious. Which they...