Word: reform
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Dates: during 1970-1979
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...American capitalism's genuine need for foreign resources grows, the cost of containing revolutions abroad multiplies. Not only must a complex network of relations with other industrial powers (including the USSR) be maintained, but the United States must confront its ultimate inability to offer any program of social reform as adequate as socialism to meet the desperate material and social needs of Third World nations...
...University has been asked by the Arkansas Community Organization for Reform Now (ACORN) to undertake such an investigation, to back the request for a deposit fund, and to intervene with ACORN in hearings before the Arkansas Public Service Commission...
Harvard's 561,000 shares make it the largest stockholder, but the University's holdings represent only 2 per cent of the stock. An Arkansas organizing group known as Arkansas Community Organization for Reform Now (ACORN) has asked Harvard to send a team of experts to study the power plant. The University's Subcommittee of Corporate Responsibility has consented to consider the proposal...
Harvard's second choice is to support a proxy resolution against an ecologically-unsafe power plant. Although the University should spearhead a proxy fight anyway, if only for symbolic purposes, proxy fights are an inefficient and usually ineffective means of reform. Shareholders might care about the water and the air, but they care about money a whole lot more...
...ACORN exposed a property tax system which was overwhelmingly biased against low income property owners, and led a successful effort to reform the property tax system in order to increase the taxes of the wealthy and decrease the taxes of low income Arkansans...