Word: power
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Dates: during 1960-1969
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Undeniably, conglomerate mergers have dramatically accelerated the concentration of U.S. industrial power (see Corporations). Yet McLaren's view of them is disputed by many experts on legal grounds, and his ideas stumble on some basic contradictions. While he does not necessarily believe that "bigness is badness," he insists that in the case of conglomerates size alone is potentially anticompetitive. Therefore, he is not likely to miss an opportunity to challenge "giant acquisitions" even if no actual restraint of trade is involved. This action, he believes, would tend to retard such possible abuses of economic power as reciprocity. He fears...
ORGANIZED labor long ago acquired a stranglehold over the $85 billion construction industry. That power has not only led to an astronomic rise in building wages but has also enabled unions to load the nation's largest industry with archaic and inefficient methods of operation. As a result, construction costs are climbing so swiftly that they are complicating Washington's struggles to increase the supply of housing and restrain inflation. Last week George Romney, Secretary of Housing and Urban Development, challenged construction-union leaders to adopt reforms. His candor was greeted with boos, jeers and catcalls...
Although Edgar has lost much of the power and the energy of Hippolytus as it was written to be performed, Euripides' sympathy for human misfortune is clearly there. To see it, go to Dunster House--and listen...
Beyond the Corporation's apparent surrender of the power to name Harvard's treasurer, this relationship could be unwise for the University's own selfish interest which the Corporation claims to protect. In a recent book James Ridgeway, an editor of The New Republic, charges that State Street agreed to this arrangement on condition that its investment funds receive priority over Harvard's when trading shares of the same stock...
...than even radicals have said, indicates that significant changes in Harvard's Governing Boards are essential. The major difficulty in making these reforms will be the resistance offered by the men who run the University. And they have already resorted to police violence once to keep their grip on power from slipping...