Word: consumerization
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In the evenings they piled into the big Shriner auditorium to hear Harold Stassen blast U.S. Communists, Walter Reuther blame U.S. labor troubles on insufficient "consumer capacity" (i.e., too low wages). Most Rev. Bernard J. Sheil, Chicago's famed radical Catholic bishop, brought down the house with a savage...
Two months ago, the House chose the first course. Its bill would wipe out all food subsidies, guarantee every producer and distributor a "reasonable" (and undefined) profit margin, and end price controls whenever production of an article reached the 1941 level. That combination of pressure-group policies would raise the...
Skeptically he looked at a ballyhooed consumer demand. "In this frenzied buying orgy now going on, thousands of consumers are duplicating orders." Inflated demand will collapse when goods start flowing. He saw a more immediate threat to inflated markets: "Increased prices will provoke buyers' strikes."
Purchasing agents listened with the same anxiety with which Washington watched the momentary upcurve of wages and prices. Businessmen guess that the U.S. consumer is already fed up with high prices and poor quality. From California came hints of a buyers' strike in real estate. A Los Angeles dealer...
A little Japanese Presbyterian with a broad smile and bad eyesight toured the U.S. in 1936, speaking to packed halls on Christianity and consumer cooperatives. For the hundreds of thousands who heard him, Toyohiko Kagawa sounded like a saintly social worker and symbolized the best of Christianized Nippon.