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Additional competition is coming from Japan. More than two dozen Japanese firms, including Canon, Sony, Hitachi and Panasonic, have started producing and exporting the small calculators. Following the strategy that they used so successfully with transistor radios, the Japanese are trying to corner the market by lowering prices and accepting razor-thin profits on high volume. But for once, American producers seem able to stand on their own feet. U.S.-produced calculators are made on almost totally automated assembly lines, thus eliminating Japan's advantage of cheaper labor...

Author: /time Magazine | Title: NEW PRODUCTS: Calculated Warfare | 10/30/1972 | See Source »

...same is true of the millions round the world whose imaginations have been fired by the battle of the giants, Bobby Fischer and Boris Spassky. They gather in chess clubs, if they are seasoned aficionados, or in front of the TV in the corner bar, or around a transistor radio if they are out in the boondocks. They scream instructions, encouragement or abuse at the contestants with all the futile energy of spectators at the World Series. The psychology of the Johnny-come-lately fans is much like that of the masses of men and women who take...

Author: /time Magazine | Title: Time Essay: Why They Play: The Psychology of Chess | 9/4/1972 | See Source »

...elitist, aristocratic, white man's conspiracy to lock them into perpetual poverty. It would do little good to stop growth in the U.S. if it raged on in Algeria and Indonesia. At minimum, people would have to be told that they could not buy the flush toilets or transistor radios that they desire because computers had decreed that no more resources could be invested in producing them. Corporations would have a hard time expanding; for every one that did expand, another company would have to contract. Could freedom of speech survive? Demagogues would surely promise comfort to the poor...

Author: /time Magazine | Title: Time Essay: Can the World Survive Economic Growth? | 8/14/1972 | See Source »

...Bobby Fischer is an American primitive. He has no home. He lives out of two enormous plastic suitcases and a couple of shopping bags crammed with transistor radios and chess periodicals in eight languages (English, Russian, Dutch, Italian, German, Serbo-Croatian, Spanish, French). The radios are for digging the latest Motown sounds. The literature is for those little off moments. Like the time after his victory over Larsen in Denver, when some chess buffs dragged the two players off to a nightclub featuring operatic singing. While the performers trilled and boomed, Fischer sat buried in a chess book, oblivious...

Author: /time Magazine | Title: The Battle of the Brains | 7/31/1972 | See Source »

Shockley won his Nobel Prize in 1956 as a co-inventor of the transistor, but what he wants to teach is a subject that he calls "dysgenics." He defines the term as "retrogressive evolution through the disproportionate reproduction of the genetically disadvantaged." More simply stated, Shockley's argument is that blacks are genetically inferior to whites in intellectual capacity, and that in violation of the law of survival of the fittest, society encourages blacks to pass on their inferiority to their children. In a series of writings over the past decade, Shockley has called this process "downbreeding the poor...

Author: /time Magazine | Title: Education: What Is Taboo? | 5/15/1972 | See Source »

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