Word: switzerland
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Dates: during 1990-1999
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Published nine months before Pearl Harbor, Luce's essay conceded that fighting in World War II was not really necessary as a matter of defending "our homeland." The U.S. could be made impregnable and might live, "discreetly and dangerously," like "an infinitely mightier Switzerland...
...must America lead? Why not try for the good life without world responsibility? Why not, in Luce's words, settle for being a more powerful Switzerland? Partly because Switzerland has always been only Switzerland, while America, after playing its global and historic role, would suffer a permanent sense of loss and dislocation. But more important, the world has become too interdependent for the U.S. to create a prosperous, isolated enclave...
...patients who need the drug most face a huge barrier: treatment costs nearly $9,000 a year. The drug is a patented product, available in the U.S. under the brand name Clozaril only from New Jersey-based Sandoz Pharmaceuticals, a subsidiary of Sandoz International of Basel, Switzerland. The company's explanation for the steep price is that clozapine occasionally causes fatal side effects, so patients must be required to have regular blood tests to make sure they are tolerating the drug. The expense of the tests pushes clozapine beyond the reach of the majority of schizophrenics, many of whom...
...companies have conceded one homegrown industry after another to more aggressive and competitive foreign rivals. First came cameras, then televisions, tape recorders, stereo equipment and semiconductors. Last week Cincinnati Milacron, the last independent U.S. producer of heavy industrial robots, agreed to sell the business to a subsidiary of Switzerland's Asea Brown Boveri...
...next marketplace ripe for Japan's "luxmobiles" is Europe. The Lexus went on sale in Switzerland and Britain earlier this year, and in 1991 will hit Germany, France, Italy, the Netherlands and Sweden. In an interview early this year, BMW chairman Eberhard von Kuenheim accused Toyota of "dumping" Lexus in the U.S. market at below-market prices, and declared, "Europe is not willing to destroy its own industry" by giving Japan free access. Toyota calls that charge "groundless and meaningless," but spokesman Yoshiharu Tateishi says, "We are fully aware of the trade friction, and our approach will be modest...