Word: staking
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Dates: during 1970-1979
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...Says Harvard Social Psychologist Robert Bales: "When economic conditions get better, those who are left behind get angrier." Before their eyes dance television programs and commercials that show everybody enjoying a cornucopia of consumer goods-as if everybody should have them as a natural right. They feel no stake in a society that seems to deny them the opportunity to acquire those goods. Northwestern Political Scientist Ted Gurr, co-author of the 1969 Eisenhower Commission report on violence in America, argues that "the poor, and especially poor blacks, don't share our middle-class values for other people...
...nation in the world to which the U.S. currently allots more money, more aid and more concern than any other, regardless of size. If the Israeli Premier's meeting this week with President Carter could be held before an audience, the event would be S.R.O. For at stake in this summit meeting is not only the future of the unique relationship between Israel and the U.S., but the prospects for any major progress toward a Middle East settlement...
...together the empire of the late Haile Selassie, whom they deposed in 1974. On the other are the 4 million people of Eritrea, Ethiopia's northern province. But also involved in the drama are the Soviet Union, Cuba, most of the Arab states, and the U.S.-and at stake is who will eventually control the strategic oil routes of the Red Sea and the Indian Ocean...
Western European investment in the U.S., as measured by Government figures, has grown by almost $9 billion since 1971, to $19 billion today. While those longtime investors in America, the British, Canadians and Dutch, have steadily increased their stake, the French, Germans and Swedes have been pumping funds across the Atlantic in truly spectacular fashion. In six years, German investment has increased by 138%, to $1.9 billion; the Swedes have tripled their investment, and the French have raised theirs by almost 470%. Operating through businesses they control or family investment companies, such influential individuals as France's Baron...
Barre's Law. These and other factors have altered some old established patterns of foreign investment in the U.S. While British investors still have the largest stake in their old colony, the big change in recent years has been the surge in investment by the French and the Germans. The French stake in the U.S. economy has grown more quickly than any other, expanding from a mere $300 million in 1971 to an estimated $2 billion today. French officials are actively encouraging firms to move abroad. Says Premier Raymond Barre: "You can't take on the Germans...