Word: technologyâ
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Like most things of consequence?summit meetings, megamergers, the creation of the latest I-technology???true power shopping takes place in hushed quarters behind closed doors and outside the purview of the average eye. And so on a recent Thursday at the Neiman Marcus store in downtown Dallas, what might have come across as a pristine but lightly traveled main floor was in fact a bustling $4 billion juggernaut in action, the unseen hum of luxury being served up like nowhere else...
...started two years ago, a rescue might have been possible. Roald Sagdoyev, director of the Institute of Space Research of the Soviet Academy of Sciences, told TIME: "All the operations needed to give Skylab an additional impulse could have been made within the limits of existing rocket and space technology???either American or Soviet." The U.S., he said, could have helped modify the docking locks of Soyuz so it could link up with Skylab...
...supply. The nation's bill for foreign oil pyramided from $3.9 billion in 1972* to $24 billion last year. The $20 billion jump meant that Americans either had to increase their foreign debts greatly or produce and export $20 billion more in goods and services?food, steel, planes, machinery, technology???to pay for oil imports. Unless the oil price comes down or the country sharply reduces its oil imports or substantially increases production, the U.S. will have to spend that extra $20 billion or more every year. This will drain off more of the nation's resources and build...
Customary proportions of war were skewed, endowed with a wild irony. The greatest military power on earth brought all of its technology???all but the doomsday bombs?to bear on a peasant nation slightly larger than Florida. The smallest war, 9,000 miles from San Diego, became a national obsession that capsized a consensus President and undermined some of the most crucial American institutions?the military, the universities and, more broadly, the framework of authority itself, the sheer believability of Government...
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