Word: white-collar
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...attackers are using just about every weapon available. Office buildings, banks and department stores have been damaged by bricks, fire and bombs. Petty thievery and white-collar crime are rising. The National Association of Retail Merchants reported that shortages of goods rose by 10% in 1968, the latest recorded year. The shortages amounted to about $3 billion, equal to 1.7% of total U.S. retail sales. For some stores, losses from shoplifting and employee pilferage are running as high as 6%. Last year some $50 million worth of securities vanished from Wall Street banks and brokerage houses...
...result has been called "the white noose." Without paying urban taxes, the surrounding suburbs batten on the central city's cultural assets, transit lines and white-collar industries (finance, law, publishing). Meanwhile the city gets poorer. Moreover, the constant outflow of whites and jobs leads, says Father Theodore M. Hesburgh, president of Notre Dame University and chairman of the U.S. Commission on Civil Rights, "toward the tragedy of two separate societies. One is white and comfortable; the other black and poor...
...offices and executive suites, blacks face more subtle problems. Whitney Young Jr., executive director of the National Urban League, has a vivid description of how the world of white-collar work appears to a black man. "We can still usually tell what floor we are on in a corporation by the whiteness of it," he says. "In the basement, it might be all black; on the first floor, it's sort of polka dot. But as you go up, it gets whiter, and soon you get near the top, and except for that guard or receptionist out front...
Perhaps most affected are the people in the middle?the country's 17.6 million "salary men." They are the silent, white-collar backbone of the Land of the Rising G.N.P. Take, for instance, Tokyo Salary Man Iwao Nakatani, 27. He is typically middle-sized (5 ft. 4 in.), middle-income ($222 a month), middle-management. In his three-room, $6,900 flat ($833 down, $41 a month), Nakatani, his wife and two children all sleep in the same room...
...display of corporate attack and counterattack. The aftermath of Northwest's unsuccessful campaign, which ended last summer, is becoming a textbook case in its own right. Keenly sensitive to Northwest's charges of poor management performance, the Akron rubber company has undergone an extensive purge in its white-collar ranks (TIME, Dec. 26). Now Northwest is beginning to show some managerial fissures...