Word: nationalizers
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Dates: during 1960-1969
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NEWMAN: The disruption and violence that have struck many of the nation's campuses this year finally engulfed Harvard, America's oldest university...
Barzun believes that the university has become too heavily dependent on the federal government and foundations for its money. But the large donors have created more problems than they have solved: "So far, the new university desired by the nation has been stimulated by its suitors but not fed." The universities, now grown huge with little control over their parts, are forced into the business of business to make money--"the mirage of owning factories and handling patent rights." This gets the university into problems that SDS has recently brought to the surface at Harvard--should the university...
...history has crushed neutrality time and again; that men have been forced to choose sides, often belonging in neither camp. It has not come to that in America, yet, but what has happened at Harvard this week, in my opinion, is an example of what can happen to a nation when moral judgment is suspended on behalf of those dissident few who mock the foundations of the society in word and act. Carole Comeron Shaw (Graduate student's wife...
Despite its 19-item brevity, the Nixon package calls for changes of considerable social-and perhaps political -consequence. It revives the nation's dormant movement toward greater income equality by proposing to tax rich tax avoiders more and to excuse the very poor, students and summer-job holders from paying any federal income taxes at all. In two surprise proposals, the President asked that the 1968 income tax surcharge be cut from 10% to 5% next January and that the 7% tax credit now allowed businessmen who invest in new productive capacity be repealed. That amounts to a sophisticated...
...medicine that the Government has prescribed, the nation's economy has not yet begun to shake its inflationary fever. Businessmen have a hearty appetite for expansion-and it is not likely to be spoiled by President Nixon's plans to drop the investment tax credit. The stock market remains steady despite such worries as the war, the balance of payments and the prospects of a pinch on profits. While complaining about high prices, the consumer keeps on buying...