Word: pasts
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Dates: during 1950-1959
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Philosophy triumphs with ease over misfortunes past and to come, but present misfortunes triumph over...
BIGGEST ANTITRUST WAR of the year will be waged against food industry giants, for gobbling up smaller companies. FTC complains that supermarket chains have acquired 1,678 stores in past four years (v. only 560 stores in six years before that). Eight of FTC's largest merger cases involve groups of supermarkets, dairies or food processors. Among them: Kroger, National Tea, National Dairy, Borden, Pillsbury...
...which can be cut back or canceled overnight. Their products often can be copied by competitors. Their financing can fall through if the stratospheric stock market ever tumbles or credit tightens. Their space-age industries can run into rugged shake-outs-just as most other industries have in the past. This means that only those with the wisest managers, the sharpest scientists and the biggest bankrolls will come through. Even for those, the prices of the stocks are so high that investors are, in effect, paying on the basis of what a company will earn years hence...
These two examples suggest that there was probably as much hysteria among McCarthy's foes as among his followers. In a remarkably well-balanced and even-tempered book. Author Rovere (for the past eleven years Washington correspondent for The New Yorker) notes that "McCarthyism was a bipartisan doctrine." He blames not only some Republicans for tolerating Joe so long but some Democrats (notably Senators Paul Douglas and John Kennedy) for not speaking out against him. Rovere might have added that those who did speak out against McCarthy sometimes helped him by exaggerating his importance. To Rovere himself. McCarthy remains...
Memoirs of a Dutiful Daughter, by Simone de Beauvoir. An all-but-Proustian remembrance of things past, when the future queen of existentialism was a proper, fretful and insomniac student princess...