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Word: possessives (lookup in dictionary) (lookup stats)
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...OPEC nations cannot argue that the price of oil is set by production costs. They do not actually "produce" petroleum; they merely?by a quirk of geography?possess it. Foreign technologists found and developed the oil, and foreign risk capital built most of the rigs, pumps, refineries, pipelines and harbors. Only the existence of the OPEC cartel, with its ability to impose prices by fiat, keeps up the cost...

Author: /time Magazine | Title: OIL: Trying to Cope with the Looming Crisis | 10/14/1974 | See Source »

...parties are pledged to limit the inflationary effect of trade union wage claims by one means or another--the Tories place their trust in legal regulation and the Labourites in a formal but unlegislated "social contract" between the unions and the government. But neither party, once in power, will possess any means short of armed force to carry out its intentions. Both major parties are pledged to halt the staggering deterioration of British living standards--the Tories by fiscal austerity and wage-price controls, the Labourites by withdrawal from the common market and the wealth tax. This tax would produce...

Author: By Paul K. Rowe, | Title: A Glorious Revolution? | 10/9/1974 | See Source »

...himself "unqualified" for tenure. This challenge must be directed against all those Harvard administrators who fell that the Afro-American Studies Department has no rights that they are bound to respect. Those who seem to spend their whole lives denying to others the simple rights that they themselves already possess should find no measure of tolerance within a community committed to ideals of equality and justice...

Author: By Wesley E. Profit, | Title: The Hell You Say | 10/8/1974 | See Source »

Great playwrights differ in their gifts, but they possess one attribute in common. They create great characters, people who live long beyond the run of the play and stalk the corridors of the mind. Hamlet the play is 373 years old; Hamlet the character is immortal...

Author: /time Magazine | Title: The Theater: Delta Wildcat | 10/7/1974 | See Source »

...essays written between 1946 and 1974, continues a lifetime of combat against what he calls "the original sin of ignorance" about East Asia. It is a sin, Fairbank feels, that can be resisted only with the help of a great deal more historical knowledge than most Americans now possess. The various pieces in the book are unified by the author's persistent attempt to show that the present behavior of both China and the West are largely determined by historical-cultural traditions that nobody, not even Chairman Mao or Henry Kissinger, can escape...

Author: /time Magazine | Title: Books: The Confucian Factor | 9/30/1974 | See Source »

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