Word: profitted
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Dates: during 1970-1979
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Rather than bringing needed capital into underdeveloped economies, investment by global corporations actually siphons off capital by repatriation of profits, in most cases away from operations which are locally financed because of the superior ability of such enterprises to secure credit. Where there is significant investment in productive facilities, it is rarely in those areas that would aid the underdeveloped country to develop autonomously; instead, capital is invested in labor-intensive industries through which the global corporation can exploit the low wage rate in the underdeveloped countries. Similarly, the technology they provide is that which no longer yields high profit...
There is an important sense in which the global corporations represent a further development of the universalizing aspects of capitalism, pointing capitalism beyond itself as a system organized on the basis of private profit toward a final goal of an integrated international economy and a socialized national economy. It is therefore a mistake for radicals to advocate a strategy for coping with the power of the global corporations which attacks precisely their most progressive aspect in the name of the backward-looking, defensive appeals of anti-trust and economic nationalism, as Barnet and Mueller end up doing. There...
...full. Many who did come left long before the end of Moon's hour-long harangue, punched out in rough, guttural Korean and translated into English paragraph by paragraph. Outside the stadium, 50 groups of Moon's foes paraded and picketed with signs like A PROPHET FOR PROFIT, and NO SLAVE LABOR ALLOWED. Among the most vociferous of the demonstrators were parents of his disciples, who for the most part lose contact with their families upon joining Moon's religion...
...acquired in 1966.) After a bad year in 1975, Defender circulation and revenues are up. One big problem common to black urban newspapers: distribution. Dealers in interracial neighborhoods refuse to carry the Defender, and in black areas street gangs rob the newsboys so often that home delivery is not profitable. Says Editorial Director Louis Martin, 63: "Anyone in the black press knows it's not a profit-making thing. We've got a mission...
Grizzly is too cheapjack to be a considerable success, but it also will not need much of a return at the box office to show a modest profit. It is notable mainly as the first in what promises to be an infestation of Jaws sequels, rip-offs and derivations. Universal is presently at work on the official reprise, Jaws II. Other studios will soon bring forth films about marauding crocodiles, deadly swarms of bees, a car - apparently driverless- that terrorizes a small town, and a plague of earthworms, this last called Squirm. Most of these items hold little promise...