Word: union
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Dates: during 1960-1969
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...censor-dominated world of Arab journalism, there are some things one just does not do. Like dismissing Nasser's Arab Socialist Union as a "do-nothing organization," or belittling Arab commandos for shedding "more ink than blood," or ridiculing Egyptian "diplomats who are doing nothing but buying cars, or ties and perfume from Paris." One man not only writes such things but also gets away with it. In addition to being editor and voice of Egypt's biggest and most authoritative newspaper, AI Ahram (The Pyramids), Mohammed Hassanein Heikal happens to be Nasser's closest confidant, adviser...
When a law was passed in 1960 putting papers under the jurisdiction of the Arab Socialist Union (Egypt's only political party), Heikal went straight to Nasser: "I got his assurance that, if we could grow, make money and not compromise the revolution, there would be no problem." Rarely has there been...
...Their Mercy. Complaining consumers are the victims of a classic economy of scarcity, which enables contractors and repairmen to charge what they please and get away with it. The need for their services is enormous because few homeowners can perform any complex repair jobs themselves. Construction unions make sure that wages stay high by keeping the supply of craftsmen inadequate to meet the demand In the Oakland, Calif , area, the number of union plumbers, currently 900, is actually shrinking because the union is training only ten apprentices this year. Anachronistic spread-the-work rules prevent the most efficient...
...time he returns to his own house after finishing the work. Contractors often charge the homeowner twice as much for hourly labor as they actually pay their workers in wages. They can do so because in many towns the relatively few contractors who can sign up scarce union help are in a near-monopoly position...
Among other things, CTIP strikers demand Italian (or at least European) managerial control, a 30% salary increase, employee profit-sharing and employee participation in company decisions. They have brought in CISL, Italy's powerful Christian Democratic trade union, to represent them, while McKee has the backing of Italy's Confederation of Italian Industry. Somehow, McKee President Merrill Cox must figure out how to regain control of a firm whose employees are its only real assets...