Word: ownership
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Dates: during 1960-1969
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Such men could hardly be expected to hear the hum of machinery that was changing their world, the increasingly impudent demands of the newly prosperous middle classes, even the crash of anarchist bombs. Says Tuchman: "So enchanting was the vision of a stateless society, without government, without law, without ownership of property, in which, corrupt institutions having been swept away, man would be free to be good as God intended him, that six heads of state were assassinated for its sake in the 20 years before 1914. Not one could qualify as a tyrant. Their deaths were the gestures...
Visiting Europe two months ago, Chase Manhattan Bank President David Rockefeller participated in both a major discussion and a minor decision. In Brussels, he took part in negotiations leading toward part ownership of Belgium's Bank du Commerce by the Chase. In Paris, he ordered a $300,000 face-lifting for the Chase's 55-year-old branch on the Rue Cambon. "We'll look like the '60s instead of the '30s," exulted Paris General Manager Edouard Eller after his boss had left. "French customers will like that. It's the American image...
Contrary to the Marxists and the socialists, Keynes opposed government ownership of industry and fought those centralists who would plan everything ("They wish to serve not God but the devil"). While he called for conscious and calculated state intervention, he argued just as passionately that the government had no right to tamper with individual freedoms to choose or change jobs, to buy or sell goods, or to earn respectable profits. He had tremendous faith that private men could change, improve and expand capitalism...
After longtime partial ownership of its largest overseas plant, U.S. Ford assumed complete control of Dagenham in 1960, promised the government that Britons would continue to hold most of the jobs. They do, but no longer the key ones. Even at middle management levels, Americans are now responsible for engineering, styling, production, operating budgets and capital spending. Ford's board remains narrowly British by 7-6, but Stanley J. Gillen, an American, succeeded a Briton as managing director in July. In the past year, three directors and a dozen other British executives, all under 50, have quit Ford because...
...scratched it out and wrote in: "Cheese Custard Pie." Cartier has since come around to an appreciation of Johnson that might satisfy even Johnson. "Because of him, I see America in the process of launching into a second revolution," says Cartier, "a peaceful revolution brought about with increasing worker ownership of capital, the triumph of free enterprise. Look at America today. She decreases foreign aid and intensifies the offensive in Viet Nam. She is burned at the stake in the United Nations. She hardly asks the advice of anyone any more. Yet her prestige has perhaps never been greater...