Word: nationalizes
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Dates: during 1970-1979
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...IRAN A Nation Still in Torment More executions as the conflict between left and right widens
...aiding counterrevolutionaries. Premier Mehdi Bazargan cautioned against becoming "tyrants ourselves," but the public generally was still overwhelmingly in favor of the trials. "Let the Western press and the so-called human rights organizations howl on," voiced Radio Iran. "Their double standards fool nobody. The revolutionary tribunals have a bereaved nation to account to. They may not desecrate the sacred memory of tens of thousands of our martyrs by being lenient to these criminals...
...hardly been a happy time for the American Captain of Industry. Pressed hard by environmentalists, consumer activists and Government regulators, he is now coming under fresh attack from trustbusters in the Justice Department, the Federal Trade Commission and the Congress. All are considering ways to expand and toughen the nation's 90-year-old antitrust laws. The new activism, besides making lawyers rich and executives apprehensive, is raising some of the most fundamental questions about the social and political power and the function of U.S. corporations. The basic themes are as old as the debate between Jeffersonians and Hamiltonians...
...doing the same in a suit against Exxon and seven other oil companies. It is unlikely that the FTC suit will come to trial much before the 21st century, by which time the Government expects oil to play a diminishing role in the nation's economy...
Disagreeing with Demsetz and MacAvoy, Economist Willard Mueller of the University of Wisconsin claimed that corporations have indeed increased their size and power because "the percentage of all U.S. manufacturing assets held by the nation's 200 largest industrial corporations has risen from about 48% in 1950 to over 60% today." In fact, big companies have not increased their shares of individual markets but, as conglomerates, have grown larger and larger in the economy as a whole. In the past two decades, multinational companies have also grown, and the growth of their overseas activities has helped to make...