Word: ownership
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Dates: during 1980-1989
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...debate over political bias in the press is as old as newspapers themselves. For years right-wing critics have complained that the U.S. news media are a bastion of anti-Establishment liberalism, while left-of-centers charge that ownership by corporate conglomerates has turned the country's newspapers and TV networks into profit-hungry servants of the Establishment. Rarely, however, does the debate get down to cases. What would happen, for example, if a radical socialist went to work, politically incognito, for some of the nation's most prestigious newspapers...
Most important of all, affection for guns runs deep in the American psyche, as evidenced by the common estimate that 50 million to 60 million U.S. households, about half the total, own at least one gun. And many of those households are convinced that gun ownership is an inalienable right guaranteed by the Second Amendment to the Constitution, which reads, "A well-regulated militia, being necessary to the security of a free State, the right of the people to keep and bear arms, shall not be infringed." Actually, the wording is ambiguous; legal scholars have been quarreling for decades over...
...Employee Stock Ownership Plan, or ESOP, has rapidly come of age. Ten million U.S. workers, about one-fourth of all corporate employees, are enrolled in an ESOP, up from 3 million only a decade ago. More than 9,800 companies in the U.S. offer such programs, including 1,500 in which employees own the majority of the stock. By giving workers a stake in the company's success, enthusiasts say, the programs boost morale and productivity. But the popularity of ESOPs, which were initially created in the 1950s, has been fueled in the 1980s by an unintended and somewhat controversial...
Blacks, by contrast, have made few economic or political strides. Since 1980, black unemployment in Dade County has risen to 10.4%, and the jobless rate for Hispanics has dropped to 5.8%. While Cubans have expanded their ownership of small businesses, Miami has one of the smallest black professional classes of any city its size. In recent years 70,000 hardworking Haitian immigrants have also begun to carve out a niche for themselves. Says Marvin Dunn, a black psychologist who co-authored a study of the 1980 riots: "A larger and larger segment of the black community is falling farther...
...Foreign ownership of American farms, companies, banks and bonds has almost doubled since 1981 and now approaches $1.5 trillion. A lower dollar will eventually increase American exports--but will it be America any longer...