Word: marketeers
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Dates: during 1990-1999
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Certainly, a strong economy is in the entire nation's interest, from the poorest member of society to Bill Gates. However, the desire to maintain the current economic boom should not supersede concern for the welfare of the less fortunate members of society. During the ongoing seven-year bull market, our nation's rich have gotten richer at the expense of the poorer half of the population. When yearly income is adjusted for inflation, the bottom half of wage-earners earn less than they did in the '70s. While the country's wealth has risen dramatically, the working class...
...class or higher through a tax cut merely increases the demand for luxury goods, without resolving any of the serious issues that face our country. The past seven years have produced tremendous financial gains. It is now time to use that money on those who need it. The bull market has placed the United States at the top of the financial ladder. Perhaps now, we can turn our attention to those who were left behind...
...finding that Microsoft is a monopoly was a legal no-brainer, once the court accepted the government's narrow definition of the relevant market: PC operating-systems software. If Microsoft--which owns more than 90% of that market--isn't a monopoly, then nobody is. Microsoft tried to argue that its Windows operating system was under constant threat and could be made obsolete at any moment. But the competitors it listed hardly seemed like giant killers. Upstart Linux, the open-source operating system that Microsoft speaks of so fearfully, currently runs less than 3% of all PCs. Even...
...ways in which Microsoft used its monopoly power to bludgeon the competition. If you liked the trial, you'll love the judge's greatest-hits collection of Microsoft skulduggery: binding its Internet Explorer browser into Windows just to beat out Netscape, bullying Intel into staying out of the software market, polluting Sun Microsystems' Java programming language to diminish the competitive threat it posed to Windows, threatening IBM. And Compaq. And Apple...
...ruling carefully lays out the factual basis for the major antitrust violations that seem certain to follow. And it paints an exceedingly dark portrait of one of America's most admired companies. The Microsoft of Judge Jackson's narrative is a deep-pocketed bully that uses "its prodigious market power and immense profits to harm" companies that presume to compete with it. And it presents Gates as a law-flouting monopolist who makes a "threat" to one rival considering getting into the software market and "berate[s]" and then "retaliates" against an executive from another company who dares to criticize...