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Ford Motor Co. Chairman Henry Ford II has called for creation of a highly visible and vocal federal planning body?underscoring Nobel Laureate Leontief's prediction that the U.S. will adopt planning "not because some wild radicals demand it but because businessmen will demand it to keep the system from sputtering to a halt." Ford's idea is that a planning organization should examine "cost-effectiveness and set timetables. It should take a look at population growth; usages of raw materials and their

Author: /time Magazine | Title: Can Capitalism Survive? | 7/14/1975 | See Source »

...prosperous times, the demands of labor for ever higher wages, of generals and admirals for increasingly sophisticated weapons, and the less affluent for expanded government social services always add up to more than the economy can produce at stable prices. Rather than say no to the demands of any vocal constituency, democratic governments too often find it easier to run huge budget deficits, thus fueling inflation...

Author: /time Magazine | Title: Can Capitalism Survive? | 7/14/1975 | See Source »

Outside of the White House itself, the most vocal opponent of the federal regulatory agencies is, of all people, one of Washington's most active regulators. In his two years as chairman of the Federal Trade Commission, Lewis A. Engman, 39, has adopted what seems like a wildly improbable posture. On the one hand, he is an outspoken champion of the free enterprise system and is leading a frontal attack on the federal bureaucracy that he believes is subverting it. At the same time he is an aggressive regulator of business. Yet Engman's self-appointed role...

Author: /time Magazine | Title: Business: A Regulator to End All Regulators | 7/7/1975 | See Source »

Arab Americans have long been among the nation's least visible and vocal minorities. Al Amen, an Arab community activist in Dearborn, Mich., says he could not get a job at a local community college because, in the words of a college official: "You're not black, you're not white, and you don't speak Spanish." He complains that Arab Americans, contemptuously called "camel jockeys," are never given time off for Islamic holidays. Arab Americans are relatively small in number-between 1 million and 1.5 million -and they are dispersed in the nation and split...

Author: /time Magazine | Title: OPINION: Pushing the Arab Cause in America | 6/23/1975 | See Source »

...initially refused to comment, but became more vocal after a re-reading of the memoranda, particularly Schmidt's. In a statement reportedly issued at Daly's urging. Bok said he "disagreed with the tone" of what he described as "Mr. Schmidt's hastily written intra-office memorandum," and that he "took exception to many of the ideas it contained...

Author: By Richard J. Meislin, | Title: Telling It to The Boss | 6/12/1975 | See Source »

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