Word: ownership
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Dates: during 1970-1979
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...Blacks Only. Initially, black criticism of the gangs had stemmed mainly from the parents of dead and injured children. Recently, however, even men like Daddy-O Daylie began to blow the whistle on tolerance. He had put black capitalism into action by acquiring two filling stations and part ownership in a bowling alley, then hired young blacks to help staff them. But Stones members approached him last summer and demanded he turn over one of the stations to their gang. When he refused, youths reported to be gang members began vandalizing and harrassing customers at his bowling alley. This year...
...been destroyed by British troops in retaliation for guerrilla attacks. Expanding outside Egypt, he put up an airport in Saudi Arabia and the new Parliament building in Kuwait. Nasser nationalized Osman's Cairo-based company nine years ago, but guaranteed him a free managerial hand and full ownership of five subsidiaries in other Arab lands. By abstaining from the under-the-table deals customary in the Middle East, Osman has prospered despite shifting Arab rivalries...
Citizenship may negate revolution in the state, but citizenship in the state does not generate corporate citizenship. Walzer forcefully insists on a right of revolution against corporate authority. Judged as a political community rather than a piece of property, the corporation is an authoritarian system, "The issue is not ownership but what ownership entails...
...Closed Frontier. Kelso's idea has elicited increasing debate lately among bankers, corporate executives and officials of several governments. Venturesome companies have used some of his methods to shift ownership to their employees. Early this year, Alberta, Canada's historic haven for economic experimenters, began a formal study of Kelso's entire doctrine. Last week, as he has for more than a decade, Kelso hopped across the U.S. expounding the merits of his "universal capitalism." In Chicago, he met with a group of insurance men. In Washington, he dined with five Republican Congressmen, two Administration aides...
Like most monarchs, the florid, silver-haired financier was born to rule. His was a celebrated family of bankers who built their capital by lending money to promising ventures and taking ownership interests in return. By the time Richard came of age, his family had dominant holdings in the Mellon National Bank, Gulf, Alcoa, Koppers and Carborundum. Richard, who became head of the family in 1934, later added First Boston Corp. and General Reinsurance Corp. Minority interests gave the Mellons a resonant voice in just about every Pittsburgh-based company except U.S. Steel. The family's policy...