Word: retraining
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...agency created during the Depression to make loans to industries. Politicians have many things in mind when they advocate industrial policy. Former Vice President Walter Mondale talks vaguely of cooperation among Government, business and labor to "restructure whole industries." Senator Gary Hart favors tax credits to help companies retrain workers, while Senator Alan Cranston supports a Government development bank that would give loans to basic industries like steel. The common theme of all the industrial-policy advocates is that the Government must play a more active role in helping industries meet the challenge of foreign competition...
...steps to reduce political repression and to signal its need for support from Western governments. Last month Mugabe ordered the Korean-trained Fifth Brigade that was responsible for the massacres earlier this year to leave Matabeleland. When the brigade's Korean instructors returned home, Mugabe invited Britain to retrain its 5,000 troops...
...federal and state governments to begin directing the changes, strategically giving benefits to businesses only if they agree to pursue this master plan. The federal government could arrange for companies to train unemployed workers in return for vouchers, change the tax code to give benefits to companies which retrain the employees, could establish regional banks to give low interest loans to industries which agree to restructure themselves, and finally could create a public White House board which could monitor how industries were doing in becoming competitive...
...book's foreword, however, Bok writes. "The final product is not what I had envisaged at the outset. At an early stage, the authors concluded that they could not retrain entirely from expressing their own opinions without making it too bland and undiscriminating...
Control Data of Minneapolis has been investing in the corporate retraining business for several years. It sells a computer and software system called Plato that lets workers teach themselves skills ranging from high school math to robotics, then follows up with on-the-job instruction. Insists Chairman William Norris: "You can't retrain unless you use computers. It costs too much for small companies otherwise." Control Data's effort has yet to pay off, but the company hopes Plato will be in the black next year...