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...trade-offs. In distressed industries faced with low-wage foreign competition, says James Smith, a U.S.W. staffer in Pittsburgh, "one of the ways American workers can compete is by having some investment income along with a lower labor income." But an ESOP is no guarantee that a company will thrive. Despite its stock plan, New Jersey's Hyatt Clark Industries, a ball- bearing maker, collapsed in 1987 because of poor labor relations...

Author: /time Magazine | Title: They Own the Place | 2/6/1989 | See Source »

...Another greenhouse gas is methane, the primary component of natural gas. Methane is also generated by bacteria living in the guts of cattle and termites, the muck of rice paddies and the rotting garbage in landfills. Each of these sources is fostered by human activity -- even the termites, which thrive in the clearings left after tropical rain forests are cut down. Humanity's contribution to the greenhouse effect comes from so many basic activities that man cannot realistically expect to stop the process, only slow it down...

Author: /time Magazine | Title: Planet Of The Year: Global Warming Feeling the Heat | 1/2/1989 | See Source »

...chairman or CEO. Joseph may step aside after the settlement is complete. Without a forceful new leader of unquestioned integrity, the company is in danger of losing morale and momentum -- and something else as well. Mike Milken engendered an innovative spirit at Drexel. If the company is to thrive once again, it must somehow preserve that spirit while at the same time escaping the darker side of his legacy...

Author: /time Magazine | Title: Let's Make a Deal | 1/2/1989 | See Source »

...maybe the Woman of the Future. For Nichols' film is also as modern as the 21st century challenge that faces America. How will the working class be educated to survive and thrive in the computer age? This intoxicating movie has an answer: let her strut her outer-borough wisdom from Wall Street to the Pacific Rim. Watch her fatten portfolios as she melts hearts. With working girls like Tess, America ain't down yet. -- Richard Corliss...

Author: /time Magazine | Title: Cinema: Two Out of Five Ain't Bad | 12/19/1988 | See Source »

...attempt to transcend the image of Reebok as just an exercise shoe. In quoting Emerson, the ads exploit a key aspect of American society. We thrive on thinking of ourselves as original, as rebels. What the Reebok ads deftly obscure is the fact that buying Reeboks is not an act of individualism but an act of conformity. The U.B.U. ads conflate being a good shopper with self-reliance. They speak to Yuppies...

Author: By Aline Brosh, | Title: Stomping on Individualism | 10/11/1988 | See Source »

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