Word: profitable
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Dates: during 1960-1969
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Poland's foremost economists have long pleaded for reforms that would encourage promising light industries, introduce the profit incentive to both management and labor, and decentralize the huge, torpid bureaucracy that rules the country's industry. As long ago as 1957, Jedrychowski announced that the state had agreed to those reforms "in principle." In practice, he and most other top policy-makers never got around to doing much about them-and Poland's economy is very nearly at a standstill. The standard of living has risen only fractionally since 1956. The press is full of complaints about...
...cutting its staff from 2,200 employees to 1,200, the paper saved about $4,000,000. The net loss, after adding the cost of vandalism, severance pay and guards' salaries, was about $15 million. Since the Herald-Examiner has been making some $15 million-a-year profit and since circulation, ad linage and ad rates are all starting to rise again, Hearst might even wind up slightly in the black this year, despite the strike...
Inflation in 1968 helped to foster a contagious speculative mood in the stock market. Led by the "gogo" mutual funds, many once staid institutional investors plunged into small new issues that offered a chance for quick profit. Fried-chicken franchisers, wig makers and small computer-service firms had no trouble bringing out new-and often highly speculative-stock issues. Frequently, the prices of their stocks soared unrealistically, to 50 or even 100 times their per-share earnings...
...gesture was appropriate. The owners of WHCT, RKO General, have lost $6,000,000 on the experiment so far. Other millions have been invested by the developer of the Hartford decoding system, the Zenith Radio Corp. Neither firm expected to make a profit with such a small test market. But both were encouraged enough by the steadfastness of subscribers to continue the experiment. Zenith is working on a more sophisticated decoder with automated billing and has long petitioned the FCC for a go-ahead in other markets. Now, after years of knuckling under to the anti-pay lobby...
...personification of German power. He lumps them both together and finds both guilty. He never really grapples with the ultimate and painfully intricate question - of whether the Krupps and weapons makers generally are a cause or a byproduct of military nationalism. Do they make policy, or simply profit from it? In bringing the question of German culpability up to date, Manchester neglects to mention that most West Germans were born after 1933. Though they bear no guilt for the past, they show grave concern over the profound moral issues raised by the manufacture of weapons and their...