Word: socialism
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Dates: during 1940-1949
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...think a new de facto political party in America was founded on the floor of the Senate tonight . . . We shall see whether the future voting record in the Senate does not also indicate that in a large measure this coalition predicts what will happen to great pieces of social legislation in the 81st Congress...
...Real wages have no longer depended on a worker's ability or energy, but on the accident of whether his employer had been in a position to include a substantial proportion of West marks in his wage packet. Those inequalities have thrown increasing strain upon the economic and social structure of the city...
...Economist places the present price of government (including social services) at 40% of the total of all income, personal and corporate, in the nation. (This compares with about 25% in the U.S.) The Economist believes this proportion is likely to rise because:1) defense spending is going up, 2) established social service programs call for expansion and 3) new governmental services may be established...
...standards of social justice and decency, the rise in working-class incomes may be approved-certainly the majority of Britons approve it. But approval does not answer the question: Where is the money coming from to replace capital equipment as it wears out? Less & less of it will come from investment by the gradually impoverished middle class, and this will certainly not be balanced by more & more capital investment from the rising working class. The new income of the working class will not go into capital goods; it will go into more milk, more education, more dentures...
...Spain, Bishop Herrera of Málaga has been viewed by politicians and conservative fellow prelates with disapproval and alarm. But today, tall, balding Bishop Herrera, 62, who runs a new social school for priests, can feel that the tide, with a little pushing from Rome, may be turning at last. This month the Pope gave permission for a project to establish similar social schools all over Spain...