Word: options
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Dates: during 1960-1969
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...option except to give up a base whose lease would have expired in 1971 anyway. "The sky over Arab Libya," charged Colonel Gaddafi, "is being polluted by foreign planes." Whipping up popular sentiment against the American and British military presence, Gaddafi asserted that Libyans were being "terrified" by colonialist soldiers. Unless Britain and the U.S. agreed to give up their bases, he threatened to take them by force...
...retirement and outright firings in Akron. Robert Sausaman, 48, an equipment buyer, recalls that, after 17 years with the company, he was given two weeks' notice and "my bare entitlement" by way of a pension. Robert L. Coon, 56, a staff photographer for 25 years, was given the option of $10,000 in severance pay or a $100-a-month pension. He picked the pension. One executive was offered a promotion and a raise at Goodrich, then fired three weeks later. He chose a cash settlement of $23,000 instead of a $135-a-month pension. Most...
There is a fifty-fifty chance, says Futurist Herman Kahn, director of the Hudson Institute, that working hours will be markedly shorter. Eventually, the American employee will have the option of deciding whether he wants his increased income in money or in greater leisure time. The goal of most Americans will be self-fulfillment rather than self-sacrifice. In everything, the emphasis will be on experimentation. "The idea of redesigning a way of life is going to be the dominant theme of the '70s," says Behaviorist B. F. Skinner. Young people will continue to fear large institutions, he believes...
They also questioned "the efficiency of the option system," maintaining that...
...demonstrating what they called "the coercive nature of the option system," they pointed to the answers to a question which had asked all those who favored pass-fail whether they would choose pass-fail this year under the present system...