Word: wield
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Dates: during 1970-1979
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...securities business is so widespread and diverse that no man can speak for all of it. But few in the industry wield as much influence as 43-year-old Howard Stein, who is both a leader among the younger critics and a top executive in a branch of the business that is becoming increasingly powerful in the market. As president and chief executive of the Dreyfus Corp., Stein heads a complex of investment funds that manages more than $2 billion of "O.P.M."?other people's money. Among the five investment companies for which he serves as prime strategist...
...large numbers of individual investors. The shares of many other big U.S. companies tend to be more concentrated in the hands of bank trustees and mutual-fund managers. Bank trust departments alone held $167 billion worth of common stock at the end of 1967. Allied with institutions that wield huge numbers of proxies, corporate managers will not be easily outvoted. But the public interest is likely to make itself felt in one way or another. G.M.'s experience shows that unless those who hold the votes become more sensitive to public concerns, managers will face increasing demands for Government...
...clear that students can wield their greatest influence and power within their own communities. It is unlikely in fact that students will be able to sustain long-term organizing against the war anywhere but on their own campuses. This has to do more than anything else with the seriousness of the organizing required to eliminate an evil that reaches to the root of the American power structure. Students were able to canvass with some success around anti-war referenda and moratoria, but those movements were innocuous and patently unsuccessful in stopping the Vietnam conflict. In their opposition...
...vigorous self-confidence of Spock's new book, Decent and Indecent, self-doubt and despair creep in. In these moments Spock bemoans the futility of rearing well adjusted babies who will be incinerated by a sick society. Unspoken is his personal despair that Spock the activist can't wield the power of Spock the psychiatrist/pediatrician. He changed childbearing practices but can't stop...
...moon. And of course that dubious bequest, thermonuclear energy leashed in the Bomb. That weapon redefined war. For the first time, man held in his hands a weapon that could destroy the earth and all living things upon it-a weapon so powerful that human reason would refuse to wield it. So, in any event, goes the argument of those who see in the H-bomb mankind's first true hope of peace. But Andreski and others are gloomy about its potential as a deterrent. As men and weapons have multiplied, so have wars. "Our own century," writes Andreski...