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...governments of all Western industrial nations face a socioeconomic dilemma: in order to fight inflation and the social disruption that it causes they must restrain demand-and risk triggering a recession that would stir even more social unrest. Last week France went further than any other nation has gone to defuse that danger. At the urging of President Valery Giscard d'Estaing, the Patronat, or federation of French employers, agreed with the country's five major unions on a new plan that in effect will guarantee a full year's pay to any French worker laid...

Author: /time Magazine | Title: FRANCE: One Year with Pay | 10/28/1974 | See Source »

...until his early 30s. He returned to Poland after World War II, where he quickly became active in the party. In 1957 he was named first secretary of the party in Silesia, where he gained a reputation for protecting the interests of miners and other industrial laborers. When worker unrest threatened to wreck Communist rule in 1970, Gierek, who clearly spoke a common language with workers, was a logical choice to succeed Wladyslaw Gomulka and save the tottering party...

Author: /time Magazine | Title: POLAND: Gierek: Building from Scratch | 10/14/1974 | See Source »

SUCH PLANS are plausible, though not foolproof. It is possible that a Conservative government could avoid proviking industrial unrest and so leave the militants stranded on the left. Coupled with massive infusions of foreign capital, such an appeal to British moderation might save British industry. It is possible that the political elements of the Labour party would prove strong enough to blunt the effects of the unionists' plans for redistribution of wealth. Unions might discover that their efforts to bring industry to a halt do not cause so much economic chaos as they expect...

Author: By Paul K. Rowe, | Title: A Glorious Revolution? | 10/9/1974 | See Source »

...think it will mean social unrest in many countries. The people will not understand that the oil question is the real reason for the drop in their income. They have never experienced such a postwar situation in which, despite progress in productivity, the real income will remain steady or even drop. Their trade-union leaders will be asked to strike. It might lead to political instability...

Author: /time Magazine | Title: The World: Schmidt: Seeing Eye to Eye | 10/7/1974 | See Source »

...neutralizes every effort to build the country." They are leading a program to form a "people's campaign against corruption." But so far Thieu has not taken any strong action, perhaps because he fears that by eliminating the military's traditional involvement in corruption, he would cause unrest among his most powerful supporters...

Author: /time Magazine | Title: VIET NAM: Combat Profit | 9/9/1974 | See Source »

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