Word: wealth
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Dates: during 1980-1989
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Stocks, intangible bits of Harvard's unfathomable wealth, occupy a distant realm for students preoccupied with classes, activities, and social life. But the administration, elitism and prejudice on campus influence our daily lives...
Organized crime first began to flourish on a large scale during the Brezhnev years in what has come to be known as the "shadow economy." Underground businessmen, who amassed wealth by siphoning off funds from the state budget for lucrative private ventures, proved an easy target for blackmail by small- time thugs. After gangsters began to demand "protection" money, a deal was reportedly cut at a conference in the northern Caucasus in the mid-1970s, with the illegal millionaires agreeing to pay 10% of their income to the crime lords...
Stocks, intangible bits of Harvard's unfathomable wealth, occupy a distant realm for students preoccupied with classes, activites and social life. But the administration, elitism and prejudice on campus influence our daily lives...
...clubs, the council balked and seemed more interested in equitably representing the students who buy into elitism here, than backing institutions open to all of its constituents. Yet diverse group membership is a much better reflection of what the Harvard of 1988 stands for than are clubs based on wealth and private school connections...
...richest. But if officials give into the temptation to sell bits and pieces to the highest bidder, how can the University maintain any institutional independence and ethical integrity? And how can Harvard preserve its newfound status as an institution based on merit and no longer just status and wealth...