Word: marketing
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Dates: during 1990-1999
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When the stock market-obsessed U.S. deems a profession to be too menial for its best and brightest, it imports drudge workers from abroad. At some point, teaching - once seen as noble - took on the status of low-end work, both in salary and prestige. So this week Chicago received federal clearance to become the second major city in recent years to import talent from abroad. The Windy City finds itself unable to fill at least 400 teaching vacancies each year, and it's not alone - earlier this year the Department of Labor declared a critical national labor shortage...
...Bell Atlantic to become the first Baby Bell to offer long distance services. The move was decried by many of the consumer advocates who futilely fought against the Telecommunication Act of 1996, which paved the way for Baby Bells to provide long distance so long as they open their markets to competition. Earlier this year, when AT&T sought to get into the New York local market, Bell Atlantic opened its copper phone lines and basically said, "Let the games begin." But America is not revisiting the days of monolithic telecoms' inhibiting consumer choice. Indeed, most industry analysts predict that...
...Bell Atlantic and MCI/Sprint, will eventually be able to package Internet, cable TV, cellular, long distance and local services. That means one bill for all five services; consumers will also be allowed to choose the package that fits them. Further, telecom analysts say that the long distance market is in need of some new blood to fuel competition in the wake of the MCI-Sprint merger. Eventually there may be only a handful of major firms offering all these services, but from a consumer choice standpoint we're clearly better off than we were in the days of Ma Bell...
...course, youth itself does not prevent students from taking ideas seriously. On one hand, there are the seniors reclining in Sanders' balcony, pondering Kant's thoughts on a free market for women's eggs, and then there is the 20 year-old Friedrich Schelling writing to Hegel. "We must take philosophy further! Kant has destroyed everything; but how is everyone to notice? You would have to crush it to bits before their eyes to make it tangible to them!" Or the 19 year-old Marx who, upon reading Hegel, wrote to his father, "There are moments in one's life...
...inklings of dissent were enough, apparently, to make up executives' minds: They would complete a merger and quickly cut the agribusiness free from the rest of the company, letting it fend for itself. That amputation, execs hope, will leave Monsanto and Pharmacia & Upjohn's pharmaceuticals division to take the market by storm - unhindered by bad publicity...