Word: rifkin
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...lobby. Hidden cameras photograph customers as they make deposits and withdrawals. Yet last month, this stronghold was the site of a $10.2 million heist, the largest bank robbery in U.S. history. There were no guns, no masks, no getaway cars; indeed, the FBI reports that the Stanley Mark Rifkin thief never touched the money. The robber was so clever that the bank did not realize it had been robbed until told so by the FBI eight days afterward. Last week the FBI arrested the suspected thief: Stanley Mark Rifkin, 32, a balding and genial computer expert...
Today, Barber sports a short haircut; his dress is conservative; his circuit, lectures. the Peoples Bicentennial Commission is now the Peoples Business Commission; more sophisticated economic arguments have replaced the shallow demonstration-oriented approach. And for the first time Barber and Rifkin offer more than just a passing look at events and issues. They retain the mass appeal outlook--their book went directly into paperback, their language is lively, and their ideas vividly expressed. But the end product is not a fleeting rehash of old ideas presented in a new way. Instead The North Will Rise Again offers carefully thought...
Kirkpatric Sales' Power Shift three years ago outlined the conflict developing between the North and the South over capital investment--the runaway shop, the declining Northeast industrial corridor, the advantages for corporation investment in the Sunbelt such as room to expand, right to work laws, and limited unionization. Rifkin and Barber, taking the inevitable scenario for their base, analyze the reasons behind declining union membership, the anti-northeast corporate strategy and the failures of the business unionism to address these issue, and introduce a new factor--social capital in pension funds...
...control and use, and the pension investment strategies that the bankers and brokers have used. The main strength of the book is its detailed documentation of economic trends, quoting labor, Congressional and industrial leaders and analysts to add color to what could have been a very bleak subject.Even if Rifkin and Barber's next book, on the economic significance of the evangelical movement in the U.S., denotes a return to radical faddism, The North Will Rise Again will stand...
...battle to free up pension funds for social capital is just beginning. As a first volley, Rifkin and Barber's The North Will Rise Again makes a convincing case for alternative uses of pension capital. It also serves as a timely antidote to peter Drucker's 1976 apologia for the status quo, The Unseen Revolution: How Pension Fund Socialism came to America. Drucker's notion that "the United States is the first truly 'Socialist' country" is so much sheepdip. The fact that public and private pension funds "own" more than one-third of America's equity capital means nothing...