Word: socialism
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Dates: during 1950-1959
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...Germans work 45 hours, are heading toward 40. To supplement family incomes, wives often work (one-third of Germany's labor force are women), as do children past 16. If salaries sound low, there are also the vital "fringe benefits" provided by the federal government. Steered by the "social free market" philosophy of Economic Minister Ludwig Erhard, the government pumps 40% of its budget revenues into social uses. Every German worker and his family get government-subsidized medical care. State old-age pensions are now so high that trade unions are dropping their own pension plans...
...eventual victory over their ignorance-and their casually vicious race bigotry-is warmly told in To Sir, with Love (The Bodley Head; 13s. 6d.). By last week his publishers had printed 10,000 copies, and ex-Teacher Braithwaite (he is now a children's officer for the London social welfare department) was a.moderate literary sensation...
Disappearing Buyers. Just when Anderson's need for financing is ballooning, the market for Government bonds is shrinking. For years, while income of Social Security, unemployment compensation and other Government investment accounts was greater than outgo, the Government could count on selling an average of more than $2 billion a year to the funds. In 1958. with outgo greater than income, the funds had to sell $800 million worth of bonds...
...above the old block-handsome, kind, courteous, his mother's protector, his school's hero and his minister's pride. Even old Colonel Merriam, his father's boss, sees the boy's virtues, and it seems not unlikely that Philip will cut through social barriers and marry the old man's lovely, city-educated granddaughter. His valedictorian address is ready, full of noble sentiment, for his marks are the best in the senior class. Then comes the blow that tests him, his parents, and all the town...
Aparajito (Indian). The brilliant second part (the first was Pather Panchali) of a trilogy, made by Director Satyajit Ray, telling the story of India's social revolution in terms of one family's sorrows and beatitudes...