Word: volkswagens
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Dates: during 1970-1979
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...club was founded by Peccei back in 1968 with the avowed purpose of exploring the large issues confronting society. "We needed something to make mankind's predicament more visible, more easy to grasp," says Peccei. To that end, the Volkswagen Foundation granted the club $250,000 in 1970. Peccei turned to an international team of scientists led by M.I.T. Computer Expert Dennis Meadows and told them to study the most basic issue of all-survival...
...Volkswagen showroom. At the Walton trial, one witness testified that he had been at a union meeting when the local president urged the members to "tear 'em up" and that the union's business agent reminded men to pick up weapons before leaving. Other testimony established that the international had been informed of the Fort Lauderdale incidents and had failed to intervene...
Rising Costs. Aside from inconvenience and damage to production, the strikes will have important consequences for the trading relationship between the U.S. and Europe. Reason: labor costs are rising more sharply in most of Europe than in America. At Volkswagen, wages rose 6% in 1969, 15% in 1970 and another 16% this year. At Daimler-Benz, the ratio of labor costs to total sales has climbed from 21% to 26% in the past decade. Historically, in European industry's competition for world markets, its lower wages have counteracted the U.S.'s higher productivity, which is a result...
...scandal began in April when Lynn Pelletier, a U.S. Customs official acting on a hunch, searched a Volkswagen camper-bus shipped to Port Elizabeth, N.J., from Le Havre. She found 96 pounds of pure heroin secreted behind the fire wall of the bus. The bus's owner, Roger de Louette, had acted slightly nervous when filling out customs forms; he was arrested as he waited on the pier. De Louette claimed that he had been a spy with the SDECE. After being fired, he needed money badly, and accepted an offer to earn $60,000 for shipping the heroin...
First Victims. The figures are somewhat misleading because they include the products of "real" foreign competitors like Volkswagen and Sony as well as those of U.S.-owned subsidiaries. Moreover, labor leaders do not dwell on the fact that export-related jobs in the U.S. increased by 200,000 during the same period. The trouble with most of labor's remedies is that they would penalize all foreign competitors and thus invite widespread retaliation against U.S. exporters. The employees of these export firms could well be the first victims of any trade...