Word: mania
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Dates: during 1990-1999
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...Homer Simpson was struck with gamble-mania after discovering that his daughter Lisa had an uncanny knack for picking winners...
This marketing mania is based on necessity. Department stores have traditionally been the point of sale for high-quality perfumes, but, as Lauder CEO Robin Burns observes, "the stores are in turmoil. You don't see so many consumers with shopping bags." Like many luxury goods, cosmetics have faltered in this recession. The aggressive, gotta-have-it-all mind-set of the 1980s has evaporated...
While they have purchased audio players and video recorders, people have by and large shunned high-tech products and services like personal computers and electronic shopping. While big corporations were infected with PC mania during the 1980s, households remained largely immune. There are far fewer homes with PCs than analysts predicted, much to the chagrin of manufacturers like IBM and Commodore. Another loser: the picture telephone. First introduced by AT&T at the 1964 New York World's Fair, it allows callers to see as well as hear each other. But consumers considered the device...
...Mark Welsh persisted in suing despite his father Elliott's cautions because, he says, "there's things I want to do in Cub Scouts -- build bonfires, go camping, pool parties." His 15-month-old case went to trial last week, and Mark gained a psychic merit badge in media mania. Testifying was "scary," he said. "I mostly learned about news cameras...
Calling himself the economic Paul Revere, Tsongas says American business must be better nurtured, workers must be better trained, companies must be urged to think of long-term development rather than quick profits. Furthermore, Tsongas charges, the Republican mania for free markets is dangerously out of date. Today foreign governments keenly nourish their own private industries. "American companies," says Tsongas, "need the U.S. government as a full partner...