Word: tides
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Dates: during 1960-1969
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...business philosopher, Miller argues that Textron and similar companies represent the tide of the future because they can shift capital in great amounts to where it can be most wisely used. He figures that this "mobility of capital" has an ultimate social purpose. "If this country allows itself to go the way of some European companies, where capital was kept deep in the sock," he says, "then we will never achieve full employment and raise the standard of living for the bottom third of our population." At the same time, he faults many conglomerates for expanding wildly by issuing huge...
Jensen's piece signals a shifting tide in scholarship on education, and the tide was bound to shove Jensen's position into the forefront sooner or later. It is just as well, therefore, that Jensen's article has put the debate in the open, so that social scientists can meet its arguments head-on. Dealing with such a document as a piece of scholarship may sound disgustingly cool-headed, but the approach has the advantage of outlining the real educational alternatives which blacks face in their movement for equality and independence...
...discouraging that just when you turn the tide, it engulfs you and you drown...
...killing sea of oil off Southern California grew ever wider and more elusive. Though the eleven-day leak on Union Oil Company's offshore rig had been successfully plugged, its 800-sq.-mi. slick returned with each tide. And it was fed anew by a residual leak under Platform A that appeared last week...
...manufacturing-retailing combines take over half of the nation's business. Corporate consolidation has a long way to go to reach such extremes, but it is certainly moving in that direction at an accelerating speed. Never before have U.S. companies been caught in such a powerful and persistent tide of mergers, raids and takeover attempts. The volume of mergers doubled last year, when firms paid a record $43 billion-mostly in securities-to acquire 4,462 other concerns. The average price for a company jumped 40%, to almost 25 times its annual earnings. This year the volume of mergers...