Word: overhaul
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Dates: during 1970-1979
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Microbiologist Barry Commoner (TIME cover, Feb. 2) pleads for a complete overhaul of the "progress through technology" ethic. He calculates that the U.S. must completely revamp as much as one-third of its productive system-farming, mining, papermaking and fossil-fuel power generation, for example -to repair damage already done to the ecological system. Commoner figures that not only would the cost be high, but that production itself would suffer in the process. Most economists, on the other hand, contend that total economic output would hardly be changed, and they scoff at the idea that growth itself is the real...
...sideline the incompetent or dishonest. While his motive is also to entrench his own men in these vital posts, observers agree that the caliber of his appointees has been an improvement. He is now embarked on a new cycle of hirings and firings that promises to bring a drastic overhaul of South Viet Nam's entire military administration...
...trouble is that such a tidy arrangement collides with the fundamental American proposition that led to a government of checks and balances: beware of power concentrated in the hands of one man. The patchwork U.S. banking system is overdue for an overhaul, but hardly the kind that Patman has in mind. The danger is that Patman's polemics may splatter his financial foes with mud and lead to a legislative muddle. For all that, even his opponents have considerable admiration for Patman. Federal Reserve Vice Chairman James L. Robertson once complimented him for "keeping the System on its toes...