Word: mainstreamers
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Dates: during 1960-1969
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...gauntlet in a speech that, together with his book, is a testimony to what he calls the value of "traditional wisdom." He not only deplores the easy credit, deficit spending and incipient inflation that he sees around him but criticizes many measures that have been welcomed into the mainstream of economic thinking. He opposes the closed shop, considers minimum-wage laws "illadvised" and partly responsible for unemployment, argues that the 15% tax on foreign securities bought by Americans is "definitely dangerous," and would like to revise the progressive features of the income tax laws. At the core of his philosophy...
Americans are faced with a concerted bid for power by factions which oppose all that both parties have supported. It is a choice between the center and the fringe, between the responsible mainstream of American experience and the reckless and rejected extremes of American life...
...baked Sicily is a poor and promise-hungry land whose chief exports are citrus fruit and talent. Armed with native Sicilian shrewdness and the desire to get ahead, thousands of its sons have slipped into the mainstream of Italian business. Few of them have had more spectacular success than Milan Financier Michele Sindona, who founded and heads a corporate complex of manufacturing firms in nine countries and real estate firms in five. While many Italian businessmen are nervously retrenching in the face of rising costs and tightened credits, Sindona, 44, is moving ahead as if the economy were still...
None of these actions is specifically nationalistic, and most Harvard Negroes find it hard to follow through completely, to reject acceptance by whites. As one student observed "to go along with Malcolm is to give up your dreams of getting into the mainstream of American life." But though few embrace black nationalism as a doctrine, many accept it as a useful concept, an intellectual focus for their feelings...
...they would have whites believe, though they are becoming more so. One student explained that he had spent the first 18 years of his life trying to be such a "good Negro" that whites would accept him. This pattern is hard to break, and the dream of entering the "mainstream" is hard to give up--particularly when one is at Harvard and the dream seems at times attainable...