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...German industry. Instead of the usual one-year term and flat wage increase, it runs two years and pegs wage rises to estimated growth in national product and the cost of living. Other German unions are howling about the potential loss of bargaining power, but Leber's own well-paid workers seem happy. Leber, a Social Democratic Deputy, brings to labor relations a new style of social partnership, always moving, as associates describe his tactics, "in a framework of economic possibilities...

Author: /time Magazine | Title: World Business: Personal File: Apr. 12, 1963 | 4/12/1963 | See Source »

...with an acute manpower shortage, where by 1980 70 per cent of the population will be under 21, the university students represent the only source of trained workers. Consequently, there is little job pressure on them: any graduating student, especially in a technical field, is certain to obtain a well-paid position. Admission to the university is admission to the elite, to the governing class of Venezuela...

Author: NO WRITER ATTRIBUTED | Title: Student Agitators Seen Endangering Betancourt | 3/7/1963 | See Source »

There is a tendency among Jews to laugh off the elements of their culture that are in fact ugly. The most vulgar financial preoccupation has been made the substance of frivolity: witness the well-paid boor, Allan Sherman. At the same time, there seems to be a process of counter-assimilation (to the extent that a nation's theater and humor are an index of its culture, America is becoming increasingly 'Jewish'). The country is adopting only those strains of Jewish culture that reenforce its own social outlook--substitution of financial concerns for humane ones, the apotheosis of anonymity...

Author: By Fred Gardner, | Title: My Mother, My Father and Me | 3/4/1963 | See Source »

Ireland to Israel. As a retailer. Sir Isaac owes much of his success to a single piece of foresight : shrewdly betting that increasingly well-paid British workers could be trusted to pay their bills, he expanded Gussie's sales by pioneering installment-plan selling in Britain. Outside retailing, he has been one of Britain's most avid takeover bidders, buying up company after company in the conviction that inflation would eventually make every one of them worth more than he paid for it. Into a series of holding companies, he has bundled some $70 million worth of investments...

Author: /time Magazine | Title: World Business: Growing with Gussie | 12/7/1962 | See Source »

During that time, each of the directors is forced to reveal to President Julian Armstone (Joseph Cotten) that he has a motive for being the raider's well-paid Trojan horseman. These revelations are not so much jolting glimpses of human frailty as they are dismaying exposures of gimcrack theatrical carpentry. The motive of the raider (Gerald S. O'Loughlin) is typically yawn-provoking. As a youngster he waited on table for "polite boys" in button-down collars, and has venomously turned the tables ever since. Hero Cotten is a kind of airborne Hamlet who has always eluded...

Author: /time Magazine | Title: Theater: Watered Stock | 11/9/1962 | See Source »

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