Word: wield
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Dates: during 1960-1969
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...take issue with your premise that medical societies' officers may wield power of life or death over the average patient by deciding whether his personal physician or surgeon can admit patients to the best local hospitals and treat them there...
...corporation is a modern leviathan that has greater impact upon the lives and fortunes of Americans than any other force outside Government. The 500 largest U.S. corporations embrace nearly two-thirds of all nonagricultural economic activity, employ one in every seven U.S. workers, wield massive economic power over the whole U.S. economy. How are corporations using that power? What problems has it created...
...contributors is that there are virtually no private citizens left to question such decisions. Despite the talk of "shareholders' democracy," says Abram Chayes, professor of law at Harvard, stock is so widely scattered that shareholders have little say in how their money is used. Large stockholders, who might wield power, often dodge the issue. If dissatisfied, they simply sell out and put their money elsewhere. The one man who is still a threat to unbridled corporate power is the raider. Though he is now considered "almost illegal," says Dean Rostow, he performs a useful service by getting...